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01-01-1970 12:00 AM | Source: Religare Broking Ltd
Stock of the day: Buy Bajaj Auto Ltd For Target Rs.50 By Religare Broking
News By Tags | #420 #159 #872 #1302 #5695

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* Auto Pack is witnessing a mixed trend wherein Bajaj-Auto is trading weak.

* It’s been gradually inching lower after failed attempts to reclaim 200 EMA.

* Indications are in the favour of prevailing trend to continue.

* We thus suggest creating short position through the Put option.

BUY Bajaj Auto Ltd CMP (Rs):27  Range:22-25  SL:12  Target:50

Technical Chart :

 

 

 

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