Breakout happened in Bajaj-Auto and it may leads to fall further. Trade Levels Position - Short Entry - 3210 Targets - 3190 / 3170 Stop loss - 3235
NSE:BAJAJCORP can be long from here as came near to its support and also taken good correction again it will kiss the nearest high point of 430 and next can be 460-470. Long can be initiated with the stoploss of 370 from the current levels. Do your research before taking any position, All the best.
Head and Shoulder formation on Bajaj Auto and MACD seems strong bullish trend. Trade: Buy above = 2846 Target 1 = 2867 Target 2 = 2884 Stop loss = 2825
Symmetric Triangle on Bajaj Auto and may break either side. Trade: Make Side: Buy above - 2788 Target - 2904 Stop loss - 2685 Break Side: Short below - 2550 Target - 2396 Stop loss - 2615
It is been observed on Daily and Weekly chart that the price action breaks above the prior downward trend line indicating a further bullish move ahead. Now, it shall further move up to 38.2% and 50% retracement levels. Target: 2800 Stoploss: 2650 Risk Reward: 1:1