Breakouttrade
VTCQ Ready for a breakout, Bar chart analyst say 60% buyVTCQ is coming off a great day despite the markets getting hammered. It's in a nice consolidation phase and looks ready to breakout. Bar Chart analyst rate it a 60% short term buy. The company just signed a huge distribution deal earlier in the week as well.
Bajaj Auto in Down Trend Currently, symmetrical triangle breakout move confirms the down trend as it has also made Lower Highs and Lower Lows (marked in red), which denotes change in trend.
MACD is also turns in negative as well as AO. - confirms downtrend too.
Therefore, due to above confirmation, I would recommend to short this one for the initial target for 2264 SL2450 and duration is 3-5 days.