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The stock looks good above 8.7 level for first target of 12
what a cup and handle breakout if sustain tomorrow then more than 40% returns can be expected!!!!
Bajaj Hindustan forming a triangular pattern. 1st target = 8.55. If we see good volume breakout at 8.55 then we can long it further.
For the last three months showing overall bullishness. In the present down move it may go down to a level of 7.25 and may find support there. Depending on the support holding good, fresh bullish move can be seen there after if not earlier.
Stock has broken trend line on the upside on weekly charts and also has a golden crossover on MACD. Looks strong from here for immediate targets for 20 and then 25
Breakout above 18 can help the stock see strong uptrend.
Up swing expected. keep an eye !
I think falling trend line break-out simple chart.. with Promising RSI ..Sugary chart!!!Could deliver good returns.