Bajajfinance looking very weak with a head and shoulder pattern

On an hour TF bajaj finance is forming a head and shoulder patter and looks weak with a likely target of 5500 at the downside.

This is my personal view. Im not a sebi registered advisor. Pls treat as educational view. pls do due diligence.

Comentário:

It has strong support above 7000. it need to break the support for a downward move. trade. View still alive for a downward movement.