NSE:BAJAJ_AUTO
BAJAJ_AUTO: Looking Good Expecting Cup & Handle Pattern will be Creating Now Support Level Bounce back to Bullish Sustaining Above/Closing 3900
The stock is at daily demand zone, look for a confirmation candle to go long.
It can be shorted once the trendline is broken
T1-3862 T2-3463.41
Cup and handle chart pattern formed. Fibonacci levels shows price retraced 50%. Current market price at a demand zone and touched a well respected trendline. Go for a long position and keep a target Rs.4600
it has formed AB=CD pattern. price retrace to 0.38%-0.50% of point CD
CUP AND HANDLE IN DAY CHART... HANDLE FORMING A BEAUTIFUL TRIANGLE PATTERN... TRIANGLE AND TARGETS IN NEXT IDEA :)
if its break trendline we see a big move
NSE:BAJAJ_AUTO BUY ZONE- 3950 STOPLOSS-3850 TARGET - 1st-4150 , 2nd-4250 #RISK-REWARD - 1:2 & 1:3 MY VIEW ON BAJAJ-AUTO #Breakout. #retirement #NiftyAUTO SECTOR =, #HIGHZONE ,#SUPPORTZONE 1 MONTH
bajaj auto forming cup and handle pattern mostly it shots up prepare for entry accordingly
Bajaj auto
Double top confirmation Followup candle to gapdown
NSE:BAJAJ_AUTO 1 Hour chart shows excellent breakout . Buying bajaj 4006/- for breakout failure
Price is near Demand Zone and a Wolfe Wave is also formed. Favorable RR to trade on positional basis.
Watch for the breakout from the triangle for good higher targets.
Symetrical triangle formation in Bajaj Auto once breaks out great levels are going to achieve 🍻
AUTO
