Formed a perfect triangle,we will see perfect action tomorrow or the next day,
might be coming out from Consolidation,
If good volumes comes tomorrow ,
Then if sustain above 2597 expected target 2629
If it breaks 2533 target 2502.
Risk is More when volumes are less be careful. Wait for confirmation candle after breakouts.
Strictly follow the levels. If gap up or gapdown open then please avoid.
Look through Technical analysis we can predict the best case scenerio. Here the blue support line is very important. There is a high chance of gap down opening.
I am doing my best. And one important request is for you that dont try to fight with a market and DON'T TRY TO GAMBLE. LEARN THE...
Bajaj Auto is in a DT in Weekly / Daily TF, and is taking support on Daily support of 2417. this support line has been tested several times, and therefore has become important support.
if this support breaks and the candle sustains, it would be a good candidate to go short.