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NeeteshJain

Bajaj Auto - Breaking out

Long
BAJAJ AUTO LTD (NSE:BAJAJ_AUTO)  
NeeteshJain Updated   
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Trend Analysis Harmonic Patterns Chart Patterns bajajauto trianglebreak
8
0
trendanalysis harmonicpatterns chartpattern bajajauto trianglebreak
It has been observed that the price action is breaking out from a consolidated triangle pattern, indicating further up movement.
T1- 2550
T2- 2750
SL- 2200

Kindly note once the price action closes above the 2400 levels then the pattern confirms.
Trade active
Comment:
Crossing 2400, a closed above it will confirm the breakout.
Comment:
And strongly moving after the breakout
snapshot
Comment:
Breakout is sill intact with steady upside.
Trade closed: target reached:
T1 reached

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