Bajaj Finance stock on NSE has broken its long-term support trendline instead of breaking its short term upper price channel, as was discussed in yesterday's post .
There is still another level in the horizontal channel to be achieved.
If that is breached, the next stop could be at the lower diagonal trendline. The other indicators are also pointing at further fall in price.
I'm willing to go short tomorrow, if the price falls and remains below the lower horizontal line.
Chart Source: in.reuters.com
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