Bajaj Auto : Bulls are at the door.

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BAJAJ_AUTO was in a downtrend from last few weeks, making lower highs and lower lows ( LHLL ) respecting T1 & T2.

At the current moment, it made a higher low and higher high while breaking T1 and this indicate a trend reversal that may bring the bulls in.

One may initiate a long position with a stop loss below 3680.

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Note
Trail stop loss to 3735
Chart PatternsTrend AnalysisWave Analysis

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