BUY BAJAJ-AUTO ABOVE 3120 TGT 3160/3200 SL 3090
Primary trend of the BAJAJ-AUTO is bullish and after giving breakout of its range-bound movement, it is forming continuation pattern in short-term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 3160 ; as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 70, one may expect the targets of 3180/3200 in the stock if it manages to sustain above the immediate support level of 3100.
DAILY CHART FOR BAJAJ-AUTO
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