Strike Analytics

Bajaj Finance Update

9 Jul 202006:27 AM

I making a change to my wave count discussed yesterday for Bajaj Finance. The hourly chart shows a possible 5 wave move building up in which the 3rd wave is shorter than the 1st, and that means that the 5th would be shorter than the 3rd. Taking 61.8% of 0 to 3 we get a Fibonacci level of 3753 from the wave 4 below. Today we may have started minor wave v of 5 up that can make one m leftore higher high before wave 5 is complete.maybe we will go to the 61.8% retracement mark of the previous fall at 3705

bajajfin090720

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