Technical - Conviction Delivery Idea : Bajaj Auto Ltd For Target Rs. 11500 - Motilal Oswal Wealth Management
Bajaj Auto Ltd
(Mcap Rs 3,02,095 Cr.)
Buy CMP 10808 SL 10450 TARGET 11500 DURATION 1 Week

• Trend line breakout on daily chart.
• Buying visible across Auto stocks.
• Noticeable volumes.
• RSI momentum indicator giving bullish crossover.
• We recommend to buy the stock at CMP Rs10808 with a SL of Rs10450 and a TGT of Rs11500.
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