Bajaj Electricals ABCD Pattern: PRZ Noted @ "D" Level. As of Now bullish till 310/320 (CMP 265). Near 310/320 one can exit the stock/ Take fresh Shorts.
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...
