Bajaj Electricals
CMP: Rs 1,140
Target Price: Rs 1,400-1,700
Buy Area- (1,103-1,063)-1,031-(1,000-980)
Stop loss: 980
CMP: Rs 1,140
Target Price: Rs 1,400-1,700
Buy Area- (1,103-1,063)-1,031-(1,000-980)
Stop loss: 980
Bajaj Electricals started its recent up move from 474 in December, 2020 and touched a high of 859 in January, 2021. After a minor correction, it saw an aggressive buying, supported by volumes with gap-ups and reached a high of 1,124 in February, 2021. Again, it was subject to minor profit booking after which the stock made bottoms at 925 and 895.
Once again, the stock started its up move and, in a straight-run, made a high of 1,168 on