#BAJAJAUTO Looks to be a eligible counter for breakout above 4375 / with a low risk entry above 4300
It has been making higher highs and moving up in a nice pace to reclaim the resistances ,
and recently it has formed a cup pattern on the weekly charts signalling that the selling pressure has been bought out
The volume support has been increasing in the recent past which also indicates buyers interest in the stock
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
It has been making higher highs and moving up in a nice pace to reclaim the resistances ,
and recently it has formed a cup pattern on the weekly charts signalling that the selling pressure has been bought out
The volume support has been increasing in the recent past which also indicates buyers interest in the stock
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
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