After a 9 month long downtrend Bajaj Auto shows signs of reversal with a Cup and Handle pattern in the making with neckline breakout level at 9000
The stock trading close to the 20 and 50 EMA
RSI closing 50
MACD begins to stabalize
Target 11000
stoploss 8250
The stock trading close to the 20 and 50 EMA
RSI closing 50
MACD begins to stabalize
Target 11000
stoploss 8250
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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.