Bajajauto
#BAJAJAUTO Breaking out above 4300/4375#BAJAJAUTO Looks to be a eligible counter for breakout above 4375 / with a low risk entry above 4300
It has been making higher highs and moving up in a nice pace to reclaim the resistances ,
and recently it has formed a cup pattern on the weekly charts signalling that the selling pressure has been bought out
The volume support has been increasing in the recent past which also indicates buyers interest in the stock
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
BAJAJ AUTO POTENTIAL TO GIVE 20% PROFITBajaj auto if sustain to close above 4190 on weekly basis than we see a good up side move of 20% for a TARGET OF 4990
BAJAJ-AUTO Shooting StarBajaj-Auto made Shooting Star & Double Top on daily timeframe.
As previous shooting star, it falls down.
If Bajaj-Auto falls below 4200, then it can give target upto 4000 with SL of Shooting Star's High.
Educational Purpose Only.
Bajaj Auto showing good breakoutWith an upside of 196 points Bajaj Auto has given a good breakout on daily chart.
Trade with caution.
Bullish Indications in Bajaj AutoIn the daily chart, a mini breakout has happened within an arc which can touch the upcoming Resistance of 4200.
Strict SL with a Proper Risk Reward Ratio will be ideal for this trade.
Bajaj Auto Flag BONSE:BAJAJ_AUTO
buy now some qty
add more near 3950
SL 3975
T 4100 4250
more expected above 4380
SellSell for 3372 with sl abv 3769.
RS and RSi are showing clear weakness.
Disc ; it's not an investment advice to buy or sell
Bajaj Auto - Inverse Head and Shoulder PatternBajaj Auto :
Buy Level = Near about 3700 level
Safe Stop Loss = 3600
Aggressive Stop Loss = 3560
Target 1 - 3850
Target 2 - 3900
Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.
Bajaj Auto looking bullishStrong breakout from bullish channel. Tomorrow is monthly auto numbers, let's see. Overall good for positional basis.
Please do your own analysis before taking any trade. Its not a recommendation.
BAJAJ AUTO Trading SetupIn a correction for some time, buy at the support level or above the given level.
