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Keep any eye on Bajaj Auto

Discussion in 'Technical Analysis' started by sujan4bw, Jul 26, 2012.

  1. sujan4bw

    sujan4bw Member

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    Hi All,

    Please watch out Bajaj-auto . One can go long if it cross 1597 upside.

    Please post your views .

    Regards
    Sujan
     
  2. shabbir

    shabbir Administrator Staff Member

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    It has a down trend for last 6 months from 1840 to 1420 and so it should be consolidate long enough before a break out.
     
  3. sujan4bw

    sujan4bw Member

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    Thanks Shabbir.
     
  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
  5. sujan4bw

    sujan4bw Member

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    As said Bajaj-auto has crossed 1597. It is trading at 1625 now heading towards 1700, only if it cross 1637 level.
     
  6. sujan4bw

    sujan4bw Member

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    Yesterday Bajaj crossed 1637 on upside and now it is trading at 1655...going strong.
     
  7. sujan4bw

    sujan4bw Member

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    Bajaj auto rallied 98 points in 10 days

    Bajaj-auto made an high of 1696 today. Rallied almost 98 points.

    I took position when it was at 1600 squared it off at 1695.

    Regards
    Sujan
     
  8. shabbir

    shabbir Administrator Staff Member

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    5% in few days is great going Sujan and you manage to sell on the high point of the day as well. Great going
     
  9. sujan4bw

    sujan4bw Member

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    Now again Bajaj auto looks good above 1740.
     
  10. sujan4bw

    sujan4bw Member

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    Bajaj is creating oppurnities again and again....It is trading at 1850 now.