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.
What is the time span it will reach out our target levels and in September month how much move we can expect.
Thank & Regards,
Shiva.