#20 Stock Update: Bajaj-Auto :Double Top formation: "Sell"

Bajaj-Auto has seen some resistance near to 1800 levels. We can witness some weakness in the stock. A Double top pattern which is a top reversal pattern has been witnessed on the chart. Stock is trading below all the short term moving averages and all indicators are showing some weakness. it would be a good chance to sell Bajaj-Auto future below 1718 with tgt of 1605 stop loss 1764.

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