Tough to breakdown all the three given levels, possibility of minor pull back.
Nifty Auto facing demand zone, once broken can take bajaj auto to all time highs again.
crossover of 50 and 200 ma.
Range breakout with the support of volumes. RSI heading towards overbought zone, if sustains above today's high it can give opportunity to buy by giving a pull back, best entry levels around 2155 levels. Banknifty gave a breakout along with other major components i.e. Icicibank, kotak (caution volatility can inc. here as per going case in court), indusind bank.
Formation of round bottom, but much of importance coz this pattern usually works out best when formed on real bottom, breakout of all time high with increase in volumes, USUALLY true breakout patterns give a pullback once breaking out as a part of profit booking so 1322 juncture becomes important level once a whole candle forms above this range, better to go for...
