Bajaj Auto - 15 Min - Trend PatternBajaj Auto - looking good to go long from 2400 with a stop loss of 2200. Tg - 2800 - tg 2 - 3000 - time frame 30 days.
Bajajauto
Bajaj Auto - Breaking out It has been observed that the price action is breaking out from a consolidated triangle pattern, indicating further up movement.
T1- 2550
T2- 2750
SL- 2200
Kindly note once the price action closes above the 2400 levels then the pattern confirms.
Bajaj Auto - Looks Tired, maybe final distribution happening?Bearish for long-term. Can try positional short below 3150, with SL of 3250.
Long-term target T1 2000 (Best case)- T2 1650- T3 1500 (Worst case)
Short opportunity in Bajaj AutoStock travelling towards a major support area. Re-tracement sell for a good 50 point move downwards
#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
BAJAJ AUTO WILL GET PUNCTURED SOON ...WAIT AND WATCH !!!!!!!I FEEL THE STOCK HAS ALREADY RALLIED AND DONT FIND MUCH UPSIDE IN THE STOCK AND THUS SEE 3000 , 2850 , 2700 LEVELS IN IT ..
SL @ 3050
Bajaj Auto Made NEW HGHS - Breaks Out Resistance Today, it was totally a buyers show. Buyers actively took the prices above the previous resistance level of 2940 and now it shall move further up and reach to 3000-3050 levels before the profit booking takes place. It is a good time to enter with stoploss at 2870.
Baja Auto - Speeding Up (BUY)It has first made a double top at the 2680 levels and recently it has broken that resistance and made its all time high. It shows a strong positive momentum and beginning of a new bull rally. I assume a basic psychological level of 2850-2900 shall be achieved.
RSI and MACD both trending up
Target1: 2850
Stop: 2600
