Bull trend intact for Bajaj Auto as auto sector recovery gains momentum, says Shivangi Sarda

“Bajaj Auto stock has maintained a bullish trend across short and long term, and trading above its exponential moving averages. A triangle formation breakout on the daily frame, along with strong delivery volumes, reinforces the long bias. Traders can buy for a target of Rs 10,300 in the next 2-3 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
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