Elliot Wave View: BAJAJ_AUTO Impulsive Rally Should Extend (Buy on dips)
January 27, 2022 NSE:BAJAJ_AUTO by Dinesh Naidu (Elliotician)
Hello Traders, In this technical analysis blog im going to take a quick look at the Elliot Wave Charts of BAJAJ AUTOCash NSE.
Long Term Elliot Wave view suggests low from December 20, 2021 could have ended at 3027.05 (138.2% FIB), and could extend higher from the current level, every fall in the price could give us a buying opportunity in BAJAJ_AUTO.
Initiation Range: BUY ON DIPS
Invalidation level: 3027.05
Positional Target: 4050, 4624.65
Disclaimer: The investments discussed or recommended in the market analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and only after consulting such independent advisors as may be necessary.
January 27, 2022 NSE:BAJAJ_AUTO by Dinesh Naidu (Elliotician)
Hello Traders, In this technical analysis blog im going to take a quick look at the Elliot Wave Charts of BAJAJ AUTOCash NSE.
Long Term Elliot Wave view suggests low from December 20, 2021 could have ended at 3027.05 (138.2% FIB), and could extend higher from the current level, every fall in the price could give us a buying opportunity in BAJAJ_AUTO.
Initiation Range: BUY ON DIPS
Invalidation level: 3027.05
Positional Target: 4050, 4624.65
Disclaimer: The investments discussed or recommended in the market analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and only after consulting such independent advisors as may be necessary.
Elliott wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.