Bajaj Auto seems to retrace up to 50% of Fibo.

٣ نوفمبر ٢٠١٦

Bajaj Auto breaking the channel and retesting the resistance repeatedly and struggling to break resistance 2860.00, it is looking weak to go further and may approach to its near term support and 50% retracement to somewhere 2650-2648. risky trader may go short at current level conservative trader should enter above 2870.00.