pretty Self explanatory when you look at the chart on weekly .
but when you look at daily chart also youll see that after NOv this is the 1st time the stock has had 2 consecutive days of 1% + move .
also crossed 20 SMA
worth a long with minimum risk
Bajaj is following the channel cleanly for a since a few weeks now .
a clear consolidation in the range of 3450-3550 since Election results day now .
Support from a positive Nifty will ensure ,it breaksout to 3700 . option chain and OBV also supports this
However break of 3440 will negate that view in case of basket selling of Nifty stocks
This has been consolidating since a long while .
A slight dip towards the support of 1300 should be on the cards followed by another attempt o reach 1400