Bajaj Auto Limited

Cup and handle breakout BAJAJ Auto

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Auto sector is super bullish in the last few days. Now, we have a slightly late entrant in the sector with a cup and handle breakout.

Today's candle is a big breakout candle and signals a good entry. With the stop loss below the today's candle i.e. 109 points below for a target of 1:2 of 215 points.

Kindly note that this is not a recommendation and only for educational purpose.

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