Bajaj Auto - The stock as broken out of major support zone as well as broken a long term ternd-line.
There is a window (gap) created wich indicated high selling pressure and the window will act as a resistance as well.
Keeping our stop above the window and target in the next support zone, the risk to reward comes to be 2.5.
There is a window (gap) created wich indicated high selling pressure and the window will act as a resistance as well.
Keeping our stop above the window and target in the next support zone, the risk to reward comes to be 2.5.
Comment:
Stopped out