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Bajaj Auto Finance

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Aug 12, 2012.

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  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Bajaj auto finance looking good @ all time high and good buy @ cmp 1111 with stoploss1000-995.
    Dear shabbir average volume is also low in the script, should we avoid or consider the call.
    need ur views.
     
    sanjay_sansanwal, Aug 12, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes we should avoid this because if you take up large position it may spike the stock and when you plan to sell, you may not find buyers.

    Though the volume is low the average volume x price is not very low but still I think should be avoided.
     
    shabbir, Aug 12, 2012
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  3. sujan4bw

    sujan4bw Member

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    where and how to check average volume ?
     
    sujan4bw, Aug 12, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Chartink shows that as well as Yahoo Finance.
     
    shabbir, Aug 12, 2012
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