MENU

Published on 18/07/2019 10:02:28 AM | Source: Religare Securities Ltd

Sell Bajaj Auto Ltd For Target Rs.2610 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Bajaj Auto Ltd #Auto Sector #Trading Report #Religare Securities Ltd

Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More

Bajaj Auto Limited

Mostly auto stocks are in corrective phase and BAJAJ -AUTO is no different. It is likely witness fresh fall, after its failed attempt to sustain above the resistance zone around 2750. Its chart pattern combined with weak trend in auto space is adding to the negativity. We advise initiating fresh shorts in the mentioned range.


Recommendation

Sell  Bajaj Auto Limited Futs @ 2720-2730 Stoploss 2765 Target 2610 CMP 2706

 

To Read Complete Report & Disclaimer Click Here

 

For Religare Securities Ltd Disclaimer http://old.religareonline.com/research/Disclaimer/Disclaimer_RSL.html  

 

Above views are of the author and not of the website kindly read disclaimer