Saturday, 16 September 2017

BAJAJ AUTO : Indian Mobike Ideas; ON THE RIDE

My idea on  BAJAJ AUTO;



Technical parameters:

MACD signal crossed,rising above the zero line.
RSI above 60
PVT crossed the trendline.

The move already started and traders have taken positions (Long).
This scenario is in buy mode,buy on dips too.Buy at 3025

The work is to set the target for short term.

The congruence of FIBS seen at 3425 and the early exit set at 3415.

13% upside seen. 

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