Bajaj Electricals is the part of India’s leading business conglomerate the Bajaj Group. The company portfolio spans consumer products, lightning and EPC. The company has an expansive network of 18 branch offices, 600+ distributors, and more than 2.3 lakh retail outlets across India. Bajaj Electricals CMP is 1177.60. The Negative aspects of the company are high...
Intraday Cash Buy BAJAJELEC @527.40-529.4 SL 518.4 TGT 549 Crosses VWAP and above second resistance 490 so the next resistance is 560 so expert to move upside in the range 550-560
Stock is trading below 150 and 200 days moving Average since three months when recently 20 days SMS. Since becoming the near down Zigzag below 274 to 246 will work as the near support for meddle term. More selling can be after breaking given support and being close below it. Stock creates on quarterly chart a format of rectangle triangle in a down trend which...