rekhi567

Bajaj Auto - No Fresh Trades - Exit Long

NSE:BAJAJ_AUTO   BAJAJ AUTO LTD

Bajaj Auto's Price Levels and Time Candles have been mentioned on the Chart. Please Appreciate following three points:

1. Bajaj Auto seems to have achieved all its targets.

2. Price of Oil seem to be going up from this week; which is a necessary consumption item for the persons using automobiles as such demand of all the automobiles are likely to be affected.

3. Candle of 1-8-24 10:30 AM is Super - Super Important and the other candle for the day is 1-8-24 2:56 PM.

Now, how to trade, be watchful of this candle 1-8-24 10:30 AM is Super - Super Important and exit if price comes down after this. This could happen that it may remain above it and after 1-8-24 2:56 PM. may fall. So, no fresh trade on any stock including Auto and Pharma. If already in - exit but do not short also.

Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
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