The double tops are T1 amd T2. There is a gap of about a month. The entry level is obtained from the previous trends neckline at Rs 3047.20. The stop loss point is the T2 level at Rs 3276. The target is at RS 2781.90 which is slightly more than the risk taken. The volume during this period is good.
BAJAJ AUTO – DOUBLE TOP PATTERN
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Stock Analysis
M | T | W | T | F | S | S |
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8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 |
Bullish View
Bearish View
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