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BAJAJ AUTO LTDBAJAJ AUTO LTDBAJAJ AUTO LTD

BAJAJ AUTO LTD

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BAJAJ_AUTO trade ideas

bajajauto trade set upbajaj auto is trading around 50 week ema which is supposed to be a good buy, it will show a strong support at 3591 which is 3 percent below and thus stoploss becoming 3575 , quite possible if market consolidates this week , price of this stock might available at that area for a small period of time but currently bajaj auto have immediate support at 3676-3680. as per the chart it is creating bullish shark patterns in longer time frame as well shorter time frame, watch this counter as any time a bounce back can be seen. upside target 1 will be 3781.9 and target 2 will be 3889. So, its a buy the deep strategy till 3591 this week.
NSE:BAJAJ_AUTO
by Somanathrout
Charts of the Day: Nifty BankNifty and other Stocks AnalysisCharts of the Day: Analysis of Nifty and BankNifty and other stocks like #Reliance, #Escorts, #CumminsInd, #IRCTC, #Coforge, #HDFCLIFE, #MUTHOOTFIN and Bajaj_Auto. Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
NSE:BAJAJ_AUTOLong
by Gann-Elliott-Trader