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Infratel has been in a downtrend for sometime. However from the charts, it looks like the downtrend is over with a strong support at 370
T2 - 420
SL - 370
Please note that the stop loss is on closing basis.
Bajaj finance seems to be in a consolidation. However the support 1764 has stopped it from going down further. It seems to be about to move in an uptrend.
So long Bajaj Finance with the following targets:
T1 - 1822
T2 - 1848
SL - 1762
Please note that the stop loss is on a closing basis.
Bajaj Auto has been in an uptrend. However the signs of reversal can be seen from 3324 level.
Hence, the idea is to short the script with the following targets:
T1 - 3200
T2 - 3146
SL - 3325
Stop loss is on closing basis only.
Due to the formation of bearish bat, it seems that the script can be shorted
Godrejcp AB=CD Pattern