BAJAJ_AUTO trade ideas
Short opportunity in Bajaj AutoStock travelling towards a major support area. Re-tracement sell for a good 50 point move downwards
Bajaj Auto - Reverse HNS PatternBajaj Auto formed a reverse HNS.
If breaks above 3000 Then we can see it cross 3150 and 3200
Trendline is formed in in 1 week chart. If breaks below 2800, Then trend might change to downtrend.
BAJAJ-AUTO Next ?2800-2811 stromg resistance...above that 2850-2880-2910 close above 2910 will move towards 3000
If not able to close above 2800-2810 then again 2750-2700 and below 2700 can slide till 2650-2600
BAJAJ-AUTODownward channel...
If breakout upside then targets possible marked in green.
Strong support at 2480 levels.
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
