VijayBabuA

BAJAJCON retested breakout level

Long
NSE:BAJAJCON   BAJAJ CONSUMER
BAJAJCONS has a weekly trendline resistance and horizontal resistance at 270 level and it retraced to 230-236 level and started raising. once it closes above 270 on weekly next resistance is at 320 which coincides with 200WMA and horizontal resistance.

RSI also nearing 60, indicating bullish momentum.
it took support at 21EMA.

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