Bearish AB-CD (it can also be a Bearish Gartley pattern). Price attempted to break below 200 DMA but could not and in the process made a Hammer. So below 200 DMA, price may see the levels marked on the chart. There is a Negative Divergence on Stochastic.
Pivot Point: 2732. 1st support 2697, and 2nd support 2665.
As per OI Table there is a strong support at 2600 ...
BAJAJ AUTO HAS TAKEN A DOUBLE SUPPORT @ 2700 LEVELS...........BUY THE TRADE WITH SL OF BELOW 2700 FOR THE TARGET OF 3050.........TO BE CAUTIOUS TRADE AFTER THE ELECTIONS RESULT.....RSI AND PRICE ARE ALSO MOVING IN THE SAME DIRECTION .