Bajaj Auto looks good to buy around 3850-3800 Range and can more if you get near the green trendline.
Hold Bajaj Auto for upper targets marked on the chart until we lower green trendline is intact on a daily closing basis.
To motivate me, Please like the idea If you agree with the analysis.
InvestPro India Team
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a bullish breakout with volume. Relative strength of the stocks seems to be crossing above which indicates strength. Moreover, RSI above 60 indicates bullish momentum.
if it supposed to be break the support area at 3469.55 short below that candle
ENTRY - low of support breaking candle
TARGET 1 - 3435.30 , TARGET 2 - 3407.20
STOP LOSS - high of the support breaking candle