BUY BAJAJ AUTO | CMP: Rs 3,829 | TARGET: Rs 4,300 | STOP LOSS: Rs 3,650
The stock has corrected well from the peak level of Rs 4,300 and is currently near the support zone of Rs 3,730. It has indicated a positive candle to improve the bias. The RSI suggests a trend reversal and potential to carry on with positive bias in the coming days. With the chart looking attractive, we suggest to buy and accumulate this stock for an upside target of Rs 4,300, keeping a stop loss of Rs 3,650. CLICK HERE FOR CHART
The stock has corrected well from the peak level of Rs 4,300 and is currently near the support zone of Rs 3,730. It has indicated a positive candle to improve the bias. The RSI suggests a trend reversal and potential to carry on with positive bias in the coming days. With the chart looking attractive, we suggest to buy and accumulate this stock for an upside target of Rs 4,300, keeping a stop loss of Rs 3,650. CLICK HERE FOR CHART