The script is at a support zone. 12% upside expected in the coming weeks.
The stock looks good positionally up 8 to 12% further upmove
THE TARGET WILL REACH 4300 IN NEXT COMMING TRADING SESSION THIS CHART IS FOR EDUCATION PURPOSE ONLY
If we get a closing above 3956 which is its 20 ma it can gain further momemtum on the upside for a target shown in the chart.The supply and demand zones are marked in the chart.A bullish engulfing at the support shows a reversal from the current trend if its able to hold on to this support it can give you good returns .Supports are also shown in the chart .
Bajaj auto forming nice pattern. could move as indicated in future
Short term Buy Range 3780 -3857 tgt-4014 ,4117,4252 sl-3740 Take trade at your own risk
TARGET 4320 MFI BULLISH VIXFIX SIGNALLING END OF CORRECTION SQZMOM SHOULD TURN BULLISH SL 3765 upon breach (EOD basis)
For observation & analysis basis , Please share your views if you like it for more such ideas. Thanks
BAJAJ AUTO - (Day Time Frame) - Bajaj Auto is bearish now when it started trading blow the yellow trend line which was a very strong support zone. Formed double top or M patterns which is bearish sign. Sell below 3825 upcoming target will be 3769, 3664, 3497. Do not sell on big gapup. This idea I only for educational purpose, please trade at your own risk. If...
NSE:BAJAJ_AUTO Buy Limit 3848/- Set on Bajaj Auto , hope it will resist breakout
BAJAJ AUTO - A Double top formation seems favorable for positional short with small SL and Big target
I see Bajaj Auto PRZ around 3700 to 3735 zone. Conservative investors can wait till this level to enter the stock with the target of 3900 Aggressive investors can start investing from current price level and keep accumulating on all fall Maintain SL of 3650 on closing basis Do your own analysis before making the investment