Bajaj Electricals.
Broke out with volume followed by a bigger volume on second day.
Now stock retraced back to 9day EMA with reducing volume and had a green candle on Friday.
Since the height of triangle for hit and retraced now the target cab be 520 levels
(466 - 378 = 88)
480 + 70 = 550
Pivot at 527 which could be the target for this proposed move.
Broke out with volume followed by a bigger volume on second day.
Now stock retraced back to 9day EMA with reducing volume and had a green candle on Friday.
Since the height of triangle for hit and retraced now the target cab be 520 levels
(466 - 378 = 88)
480 + 70 = 550
Pivot at 527 which could be the target for this proposed move.