Hello, bajaj auto long-term swing trade buy: 2,670 target: 4,330 stoploss: 2,460.
LOGIC BEHIND TRADE: Stock has formed w pattern on 1w chart & given breakout of dynamic trendline & static resistance, pull back buying strategy (target identified from harmonic xabcd pattern level 1.131) stoploss is tajen low of resistance candle. RR looks good for long term traders.
BAJAJ_AUTO
LOGIC BEHIND TRADE: Stock has formed w pattern on 1w chart & given breakout of dynamic trendline & static resistance, pull back buying strategy (target identified from harmonic xabcd pattern level 1.131) stoploss is tajen low of resistance candle. RR looks good for long term traders.
BAJAJ_AUTO
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.