Bajaj Auto to continue further down ward

16 Kas 2016

Bajaj Auto broke the up trend journey and has turned bearish. now it seems technically week and struggling to move upward. it formed a bearish flag pattern which also confirmed and approaching to flag pole target which is somewhere between 2417-2420. Trader may go further short in this stock with a target of 2417.00 in near term or may be in a week.