BAJAJ AUTO Bearish Setup

10 Kas 2019

Bajaj Auto Daily chart finds a confluence of 2 different bearish pattern. First is the RSI Divergence with the count of 5. Second is inside bar,So essentially, we are looking at two bearing pattern confluences together which can lead to some profit booking.Trigger of fresh selling will come only below yesterday's low of 3235 .If breaks prior days low we can see 3210-3185 very soon