BAJAJ AUTO, AB CAPITAL & DBL Trade Analysis

Bajaj Auto – BAJAJ AUTO: When Will The Bears Quit?

Over the past 25 weeks, Bajaj Auto has formed ascending channels. If we observe the channel’s angle, it appears to be a corrective formation. Recently, the parallel channel’s lower band has broken down.
As price continues to decline below the lower band, buyers aren’t generating enough demand to initiate a movement.

If the price breaks down from a recent low of 3600, traders can sell for the following targets: 3540 – 3476 – 3390.
In this way, fake-outs can be prevented.

Watch-out support breakout for AB CAPITAL

AB CAPITAL has taken support from the previous low at 90.05. A breakdown of 90.05will create a new low in AB capital. Traders can trade for the following targets: 89.21 – 88.2 – 85.50.
If the price is sustains below 91.90.,Free subscribers can take short entry.

NSE DBL-A Bearish Trade Setup

DBL has broken down the previous low at 196, and the price started falling in search of new support.

Free subscribers can initiate a short position if the price sustains below 205 for the following targets: 200 – 196 – 190 below. If the price breaks the previous session’s low, it will be extremely bullish.

Only premium subscribers have access to entry, exit, and stop-loss at the exact time.