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BAJAJ AUTO LTD
Long

Bajaj Auto - Channel Break

By Axay1111
Updated
Bajaj Auto seems to have broken the downward channel after consolidation and with decent volumes. R:R is favourable above 3700, with SL on 3550 CLBS or 3500 Spot.
Note
Almost 300 points from the breakout, still consolidating and can give an upward move with SL of 3780 on closing basis or 3750 spot.
Chart PatternsTrend Analysis
Axay1111

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