BAJAJ AUTO LTD - BAJAJ _AUTO(NSE) | FLAG CONTINUATION

7 Oca 2022

BAJAJ AUTO LTD - BAJAJ _AUTO(NSE) has been following a Flag Continuation pattern since May 2021, when viewed in a 4hr time-frame. During the times when the red dashed line i.e.; 3446 had acted as a good support in the past, the price had rallied till 4344(green dashed line), as depicted by the curved, yellow arrows. Hence, a long candle cutting the rectangle upwards can be considered as a good buying opportunity, keeping the target as 4344. Watch out and see whether the price takes a support around 3446 levels and move further upwards.