Bajaj Auto enjoying a momentum time out.
The stock is taking its time out at the 60 levels on RSI. After a unstoppable rally from August it has moved sideways and have consolidated. As of now he prices are resting on KS/TS support line, if a breakout is not registered within a session or two then some serious momentum loss may be grip up thereby pushing the stock into some sharp corrections.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
MFTA,CMT,CFTe,MSTA
prorsi.com
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