BAJAJELECBajajelec has formed three patterns on chart; Cup n Handle, pole n flag & Bullish flag pennant.
Unfortunately it dint breakout of any of these patterns, so cannot be recommended to buy now.
But if breaks above 1320 then its a breakout in all these pattern & then it could be bought with stop-loss of 1275 & technically targets are unbelievable as per patterns which is 1600+
BAJAJELEC trade ideas
BAJAJELEC ::: BULLISH :::DATE: 20 JUL 2021
INSTRUMENT: BAJAJELEC
TREND: BUY
TIME FRAME: DAY
CMP: 1050.34
BUY ABOVE: 1060
STOP LOSS: 1034
TGT 01: 1113
TGT 02: 1166
TGT 03: -
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.