Bajaj Auto - Weekly Trendline Breakout

It is been observed on Daily and Weekly chart that the price action breaks above the prior downward trend line indicating a further bullish move ahead. Now, it shall further move up to 38.2% and 50% retracement levels.

Target: 2800

Stoploss: 2650

Risk Reward: 1:1

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It is a daily breakout and also marks a weekly breakout too. Regards

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