Bajaj Finance Weekly Swing Idea (Short)

Bajaj Finance might retest the support & beyond. Here are the logic behind

1) Earlier attempt of breakout failed on weekly so bearish trend likely to
continue
2) Trading BELOW 50 EMA & 20 EMA on weekly &
BELOW 20,50 & 200 EMA on daily
3) Strong BEARISH ENGULFING CANDLE with sustained volume


(Note: Author not responsible for anyone's profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)