BAJAJELEC - Buy ABOVE 552 / Target 583 / Stop Loss 536

S1 will Act as resistance. Let us see the result

@s.biswas1956, You are right. Hence waiting to go long only after the breakout.
The bullish bias is only because of the bullish divergence and a close above 20 SMA. A breakout above 552 will reinforce the belief.

Thanks,
Rasika

@Rasika_S_Patel,

@s.biswas1956
You are absolutely right. Thanks for illustrative suggestions