BAJAJ-AUTO ( Short term investment ) closed at
2361.45. This is a great stock to be in. This premium stock has given a good
breakout on month on month basis. One can expect a very good level in this
stock. One can initiate a long position in this stock for the targets
of 5%,
10%, 15%. That means 2470, 2590 and 2700 kind of levels. A sustained close above
our third target of 2700 for couple of days, can lead this stock up to 2850 /
2900 also. The time frame for this investment can be set between 2 to 4 months.
This stock can be accumulated on any down day up to 2275. After accumulating up
to 2275 ( If it comes ), one must keep a strict closing basis Stop Loss of
2200. Please keep these levels in mind and invest in this good stock as per
your appetite and individual capacity. Please do not over trade and one must
consult his / her certified financial advisor for any investment decision.
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