MTECHTIPS :- BAJAJ-AUTO

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MTECHTIPS  :-   BAJAJ-AUTO:-   BAJAJ-AUTO is in SELL position Share has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below2628.1 Buy if above 2716.0 The BAJAJ-AUTO is now trading in highly oversold level. The oscillator is showing BUY signal .The short term sell signal is supported by 50 % indicators.
Intraday trend-Buy is advised above 2689.2 with a stop at 2640.7 Below 2628.1 go for sell The intraday signal is SELL and it is supported by 58 % indicators.

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