03 December 2009
BAJAJ AUTO BUY THE BREAKOUT
BAL crossed previous high of 1665 with very high volumes yesterday and maintained the breakout today by closing above 1665 and made a higher high and higher low indicating its bullish intentions. The stock has been showing good volumes earlier also and should show some very good up-move in the days to come. The medium term target of the stock as per fibonacci calculation is around 1830/1840.
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