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MTECHTIPS:- BAJAJ-AUTO:-  BAJAJ-AUTO closed above 1 week high with volume signals up breakoutCurrently BAJAJ-AUTO is in HOLD LONG position Share is in sideways and sellers was at high so for short term better buy above 3015 or hold with stop at 2725.65 The next resistance will be at 2932.0 The BAJAJ-AUTO is now trading in highly oversold level. The oscillator is showing BUY signal .The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy is advised only above 3015 with a stop at 2875 Below 2832.4 go for sell and put stop at 2972.2 The intraday signal is BUY and it is supported by 78 % indicators.