Stock of the day: Buy Bajaj Auto Ltd For Target Rs.50 By Religare Broking
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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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