Bajaj Auto - Trend Reversal happening
All the Auto Stocks have been underperforming since past some time. All the Auto are down by around 8 to 10% . Bajaj Auto is in a sideways zone as compared to its peers which are in sideways to bearish territory.
Hence in case of any positive rally Bajaj Auto could possible be the stock to catch up with previous highs faster than others.
The current risk and reward seems good for a long swing.
Hence in case of any positive rally Bajaj Auto could possible be the stock to catch up with previous highs faster than others.
The current risk and reward seems good for a long swing.
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