Rocky_Chow
Long

Bajaj Electricals

NSE:BAJAJELEC   BAJAJ ELECTRICALS
Bajaj Electricals has seen a sharp breakdown since the Budget day as has other consumer durables, however todays move shows a probable V shape short term recovery as it has also come with huge volumes and a recovery from extreme RSI downside as well... tomorrows data may confirm or dispel this pattern..historically, in the daily charts this recovery has been seen a few more times, one can also check the present setup on the keltner channel
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