Hi Aman - 3766 is a support area which could become resistance...200 EMA is at 3751...so bajaj auto could go down...right now it is very close to the 200 EMA..if it opens with a gap up and with decent volumes then maybe what you are saying could happen..this is just a view point, finally the market is always right..Cheers
aman_saha
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@apka, Hi Apka, I completely agree with your observations. That is why I always wait for a retest (Last Kiss) to find a low risk entry which will be near about 3695-3710. :)