NeeteshJain
Short

Bajaj Auto in Down Trend

NSE_EOD:BAJAJ_AUTO   BAJAJ AUTO LTD INR10
Currently, symmetrical triangle breakout move confirms the down trend as it has also made Lower Highs and Lower Lows (marked in red), which denotes change in trend.

MACD is also turns in negative as well as AO. - confirms downtrend too.

Therefore, due to above confirmation, I would recommend to short this one for the initial target for 2264 SL2450 and duration is 3-5 days.
Note: In case, if you would like to sign up for a one week free trial of my Equity FNO services then you may connect with me at neeteshjain01@gmail.com Regards
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