Bajaj Auto is now Trading near Equilibrium Point, RCI Reversal should be seen in coming weeks, 61.8 of Impulse is at 3410, Can start Accumulating this from here on, Exit if Sustains below 3250 on Weekly with Good Volumes, Shooting for fresh 52 Weeks High,
Breakout in Making. Still 1 more trading day to go. Should it Close like this then Expect Buyers to stay in control till Zone 124_129
Strong Weekly Close Above Resistance Zone would mean a Change in Trend. However That doesn't mean Trend has changed. We need to See Lower Low and Higher post Change in Trend. This will signify Uptrend has Started.
Risk Reward in...