BAJAJ AUTO
stock started moving from level 3101 it seen good
upward journey with price rise up to level 3328 in 15days period of time which
has proven as resistance or top level. The movement from level 3101 to
Level 3328 .was 9% which can be your return on investment .
selling pressure or supply become heavily as traders
started booking profit as they got 9% return on thier investment , due to
heavy selling pressure price fall down near Level 3101 .
Now you know past movement of this stock ,remember
history repeat itself we coming to the sector position this stock belong
to auto sector which shows in consolidation phase . There are possibilities
that trend will remain continue. So Level 3101is a good buy for this stock
subject to your money managment setup.
Have A great week Ahead
Posted By Our Team
Mob: 98202 77043
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