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NeeteshJain
Jul 30, 2016 10:23 AM

Baja Auto - Speeding Up (BUY) Long

BAJAJ AUTO LTD.BSE

Description

It has first made a double top at the 2680 levels and recently it has broken that resistance and made its all time high. It shows a strong positive momentum and beginning of a new bull rally. I assume a basic psychological level of 2850-2900 shall be achieved.

RSI and MACD both trending up

Target1: 2850
Stop: 2600
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