nirav5
Long

There and back again Bajaj auto and 2750

NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
97 6 7
Bajaj_auto             has taken support at 2750 for multiple times.
This time with double bottom and a hammer on a daily candle.

Target 1 - 2825
Target 2 - 2850 ( It can go higher too).
Sl - 2749
Trade closed: stop reached: SL hit in gap down.
Comment: Although I have closed the trade, Bajaj_auto gave dividend and hence opened gap down. Price of Future has not break down.
strong breakdown.... u can update for reverse trade :D
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nirav5 AkshatPatwa
@AkshatPatwa, yes possible.
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When will it start moving?
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nirav5 SatyamMishra
@SatyamMishra, Ideal double bottom should have shown a fast move. One can exit as it is not moving. Although SL has not hit yet.
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Entry?
Reply
nirav5 SatyamMishra
@SatyamMishra, 2765 - 2775 would be better range to enter the trade.
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