2026-07-09 10:32:14 am | Source: Religare Broking Ltd
Stock of the day : Bajaj Auto Ltd by Target Rs. 240 - Religare Broking Ltd
Bajaj Auto Ltd
BUY 10500-CE Bajaj Auto Ltd CMP (Rs) 117.50 Range* 110-120 SL 45 Target 240
* Bajaj Auto Limited has registered a decisive breakout from a falling channel within a broader ascending trend after finding strong support at the long-term EMA.
* Price structure constantly showing higher highs and higher lows, reaffirming sustained bullish momentum.
* Rising volumes validate the breakout, while holding above the breakout level strengthens the positive technical outlook.
* Investors may consider buying the stock within the recommended range.
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