tradethetip

Bajaj Auto | Accumulation done with breakout |

Long
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
CMP = 2957.70
Target = 3273
Stoploss = 2797
lot size = 250

At a support zone shares are accumulated for nearly 7 trading days and now on the 8th day there is a breakout with decent volume
It can be false breakout also so be cautious before making trading decision
so we can see a good upside movement ahead
Show your support by like And comment om my idea .

Educational purpose only
Comment: 23,750 profit running
Trade closed: target reached: 1st target is achieved = 36,175 booked per lot
Trade closed: target reached: 2nd Target is achieved = 79,500 booked per lot ( 10 % )

Comments

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