Bajaj-Auto
Bajaj auto made a freak trade of 2020 on NSE on 06-Feb and today it made an actual low of 2053. Good support is at 2040. Target for head and shoulder made by the stock is 1900 and a major support is at 1840. A good buy between 2050 and 1850. Accumulate it on dips and hold it for 1 year for minimum target of 2500
Bajaj Auto was advised to buy in the range of 2050-1850. The stock is moving upwards after hitting a low of 1912 on 30-april and now is at 2123. Part profit booking can be done at these levels and then at 2250 because i am expecting a downmove in the market. So part profit booking is always good rest can be hold with a sl of 1980(cost price).
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