BAJAJ AUTO LTD
Long
Aggiornato

flag breakout

40
flag formation , poor selling and quality buying breakout. volumes coming in , above 200 MA. bullish
Nota
our direction was right , but panic selling on 21st december took it lower and it raised again.
Nota
10% up overall
Nota
almost 30% return so far, seems like stock may reverse but in other hand market is bullish(and stock is also making higher lows which shows no weakness) , on chart price is making divergence with RSI and making spinning top and dojis and kind of uppers wick which shows sellers pressure .and volumes also decreasing , so keep eyes on it bcoz currently it is in indecision mode

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