BAJAJ FINANCE : HEAD & SHOULDER with WOLFE's WAVE

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BAJAJ FINANCE LTD (NSE:BAJFINANCE)

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NSE:BAJFINANCE BAJAJ FINANCE LTD

trendanalysis chartpattern waveanalysis bajaj bajajfinance head_and_shoulder wolfe-wave

BAJAJ FINANCE has beautifully formed a inverse Head and Shoulder pattern on hourly chart which is further supported by Wolfe Wave. If stock goes above its previous day's high then it may go up with good momentum.

Commentaire:

BAJAJ FINANCE is not able to move above it's previous days high i.e. 2320. As everyone is finding this stock good as per current market price but due to uncertainty of the market and other factors like international news everyone is playing safe.

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