rishiguy

BAJAJ AUTO LONG.

Long
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
BAJAJ AUTO is maintaining its uptrend structure by continuously making higher lows. It ahs completed a pullback to its 20 EMA and has closed with a positive candle today and decent volume . Keep watch on it for upward continuation, target would be achieved if it breaks above 4300 on a closing basis. Initiate trade only when price sustains above 4200 for at least 15 minutes.

LONG ABOVE : 4200
STOP LOSS : 4030
TARGET 1 : 4370
TARGET 2 : 4540
Trade active: Steadily moving ahead, keep an eye out for 4300, close above 4300 will lead to breakout and a fast move to targets.
Trade closed: stop reached: Stop loss hit at 4030 on 08-07-21.

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