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Bajaj Finance

25 Mar 202105:31 AM

Again considering that 5<3<1 for Bajaj Finance we can say that 5 waves are complete. The blue triangle is breaking on the lower end today. The next support is near the wave 4 low of 4666. The 23.6% retracement is at 4943 and 38.2% is at 4338. Wave 1 in blue can be said to be over but that would also mean that wave 2 of larger degree can occur. So how much retracement to look for is an open question.

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