On friday 30th July after 2months of correction off its high Bajaj-auto took support near a major trendline that started around december 2020 and levels of 3750 that have been crucial year long whether as support or resistance. Taking off todays high can take it back to the top of the triangle pattern! Long Bajaj-auto above 3860 with SL around 3750 for targets of 4200-4250 (risk reward of 1:3.5).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.