Bajaj Electrical Long term range brake out
Updated
What is interesting is that the stock was trading in range bond form 2010 Now it broke the range and trying to retest the support at 330 if price holds at 330 and rebound then we can look for new higher high in the stock , the only Question is weather the intuitional investors are keen in rising it further high ?? lets wait and see coming days price movement will exhibit the investors sentiments
you can also note its third penetration , normally we see major brake out at 3rd attempts so I'm really waiting to see next move
Cheers
you can also note its third penetration , normally we see major brake out at 3rd attempts so I'm really waiting to see next move
Cheers
Note
Price is still holding after brake out Thanks
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