Stocks

Trading Setup

<p>The Bajaj Finance chart shows the price fractal goes on subdividing. So I am taking the more aggressive wave count here. Not marking the recent advance as wave 5 but as 3 of 3, where 3=1 goes to 7800. 5397 was the recent low in minor wave ii of 3 so now we should not go below that and it should be an important pivot. Minor wave iii of 3 going on where iii=i is just above 6300</p>
<p><img src="https://api-media.indiacharts.com/public/images/article-images/bajajfin50564.png" alt="Not marking the recent advance as wave 5 but as 3 of 3, where 3=1 goes to 7800. 5397 was the recent low in minor wave ii of 3 so now we should not go below that" width="815" height="638" /></p>