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FMSmo

Analysis on Bajaj Auto

Short
BAJAJ AUTO LTD (NSE:BAJAJ_AUTO)  
FMSmo Updated   
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Trend Analysis Chart Patterns Wave Analysis distribution phase brekaout brekdown retest-structure priceaction
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trendanalysis chartpattern waveanalysis distribution phase brekaout brekdown retest-structure priceaction
Break out of the level 4200 with retest will lead min 4400
SL 4050

probably high chance of downside, it looks like a distribution phase However wait for the confirmation
breakdown of the level 4100 with retest will lead min 4000
Target 3700
Comment:
trade not yet active wait for break down or break out
Comment:
4000 target hit and wait for final target 3700
easy 100 pts
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