BAJAJ AUTO | Double Top pattern

٣٠ مايو ٢٠١٩

Double Top pattern spotted in Bajaj Auto. If the pattern is confirmed by breaching 2900 levels, the stock can be expected to fall nearly 7% towards 2710. Do notice that rising Trendline is broken.

Apparently, 61.8% FIB falls at 2710 making it a considerable support.