#bajajfinserv
Decision time for the stock.
Has been mimicking closely the Nifty chart, so we can say that #Bajajfinserv can indicate what direction market can take from here.
RSI going in same direction as price but MFI showing positive divergence.
#bajajfinserv
If it breaks the expanding triangle on closing basis, we are looking at 20-25% correction from here.
Daily RSI was oversold at the bottom and failed to come over 30 in last 2 days.
Worrisome signs.
#bajajfinserv
Structure broken.
Target of 20-25% fall from here is activated.