BAJAJ-AUTODownward channel...
If breakout upside then targets possible marked in green.
Strong support at 2480 levels.
BAJAJ_AUTO trade ideas
BAJAJ AUTO BOUNCING BACK FROM LONG TERM SUPPORT BUYBAJAJ AUTO BOUNCING FROM LONG TERM SUPPORTS.BUY FOR 2700 TARGET MEDIUM TERM
BUY BAJAJ-AUTO POSITIOANL
BUY BAJAJ-AUTO POSITIONAL CALL
BUY BAJAJ-AUTO 2539/2480 SL 2450 TARGET 2680/2770/2845
ACTIVE CALL
22-7-2019
CHART BY VIJAY GOSWAMI
short going on.... for next month or tow may beshort possible for the targets of 127 fibo levels on the charts...
imp:- LESS IS MORE... ALWAYS
#BAJAJ_AUTOBAJAJ AUTO LTD
Sector: Consumer Cyclicals
Industry: Auto & Truck Manufacturers
Employees: 8013
Bajaj Auto Limited is an India-based manufacturer of motorcycles, three-wheelers and parts. The Company's business segments include Automotive, Investments and Others. The Company's vehicles include two-wheelers and commercial vehicles. Its two-wheelers include Bajaj V, Bajaj V Avenger, Avenger Cruise 220, Pulsar RS 200, Pulsar FOS, Pulsar 200 NS, Pulsar 220, Pulsar 180, Pulsar 150, Pulsar 135 LS Discover, New Discover 125, New Discover 150S, New Discover 150F, Platina 100, Platina 100 ES, CT 100, CT 100 Ninja, Ninja 650R and Ninja 300. Its products also include CT 100B, Boxer BM150X, Avenger 220 Cruise, Avenger 220 Street, Avenger 150 Street, Pulsar AS 150 and Maxima-Cargo. The Company's geographic segments include India and Rest of the world. The Company offers troubleshooting services. The Company's plants include Waluj plant, Chakan plant and Pantnagar plant. The Company's subsidiaries include PT. Bajaj Auto Indonesia and Bajaj Auto International Holdings BV.
BAJAJ AUTO going to fall in long term I am expecting Bajaj auto going to fall as per longer time frame chart the target is 2200
BTST BAJAJ_AUTOIf it break resistance as mentioned in the chart, It will may go further up other wise, there will be downward movement exception. All the details mentioned in the chart.
BAJAJ AUTO rising wedge developing on smaller time frame.looking to open a short as and when it breaks out from the wedge.
All green lines are #vaba levels and they perfectly blend with the given structure.
#beauty of #vaba
