NeeteshJain

Bajaj Auto - Weekly Trendline Breakout

Long
BSE:BAJAJ_AUTO   BAJAJ AUTO LTD
It is been observed on Daily and Weekly chart that the price action breaks above the prior downward trend line indicating a further bullish move ahead. Now, it shall further move up to 38.2% and 50% retracement levels.

Target: 2800

Stoploss: 2650

Risk Reward: 1:1
Trade active
Comment: It is a daily breakout and also marks a weekly breakout too. Regards
Trade active
Trade active
Trade closed: target reached