Aadilsid0810

Bajaj Auto - A Positional Long Trade

Long
Aadilsid0810 Updated   
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Stock has been a consolidation phase since FEB - 21. Stock is looking to break its all time highs after 2 years hence the breakout can be with force. Wait for the breakout to sustain and then trade the stock according to the plan given.

Disclaimer - Please trade as per your risk taking capabilities. Stock trading is a business and not a get rich quick scheme. All setups have a probability and hence this trade can go south as well so plan accordingly.
Comment:
SL and Targets to be taken using the Daily chart. Will update as the trade triggers.
Comment:
Buy has not been triggered
Comment:
Buy has not been triggered as of now. Stock has not closed above resistance level.
Trade active:
Buy has been triggered.
Buy at current market price.
SL below swing low of 4281.
Conservative SL below 4200.

Look For TGTs of 4700-4800-5000.
Trade active:
Buy was at levels of 4400
Trade active:
Hit levels of 4600 on the high.
Trade active:
Very close to trading targets. Trail SL to breakeven and do not make any loss in the stock now.
Trade active:
TGT 1 Hit on the stock. Trail SL's and do not make a loss.

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