Wednesday 3 August 2016

Bajaj Electricals, Cup and Handel Pattern Breakout.

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Bajaj Electricals on daily chart stock price at Rs. 271.85 has given a breakout of ‘Cup and Handel’ Pattern at Rs. 257 level. with sharp increase in volumes, indicate rally would be continue for the multi month.


Trader or investor can accumulate for the target of Rs. 350 level, with Rs. 257 stop loss on closing basis, which is also the breakout of ‘Cup and Handel’ pattern.


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