BAJAJ-AUTO closed at 1951.40. is
2.30 % down with a big decisive red bar. From the start of this month, this
stock has reversed and coming down from the recent top of 2112.95, made on
31-03-2014. Today it has given a decision bar
for a strong indication for a
downward move. One can open a short position and expect the targets of 1920 and
1895. A closing basis strict Stop Loss of 1982 must be maintained.
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