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