NandanChaturvediTrade

Cup and handle breakout BAJAJ Auto

Long
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Auto sector is super bullish in the last few days. Now, we have a slightly late entrant in the sector with a cup and handle breakout.

Today's candle is a big breakout candle and signals a good entry. With the stop loss below the today's candle i.e. 109 points below for a target of 1:2 of 215 points.

Kindly note that this is not a recommendation and only for educational purpose.