After crossing Rs 500, Bajaj Corp may hit Rs 530-540: Angel Broking
On the upside once the stock crosses the levels of Rs 500, you may see decent momentum on the upside wherein you can look at targets of around Rs 530 to Rs 540 very quickly.
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| Updated: In a chat with ET Now, Shardul Kulkarni, Sr. Technical Analyst, Angel Broking, shares his investment ideas.
What is the call on Bajaj Corp?
If you look at the chart structure in Bajaj Corp, the volumes are very low. So, one should take it with a pinch of salt that the volumes are very low. The analysis probably may go wrong, but on the upside once the stock crosses the levels of Rs 500, you may see decent momentum on the upside wherein you can look at targets of around Rs 530 to Rs 540 very quickly.
What is the call on Bajaj Corp?
If you look at the chart structure in Bajaj Corp, the volumes are very low. So, one should take it with a pinch of salt that the volumes are very low. The analysis probably may go wrong, but on the upside once the stock crosses the levels of Rs 500, you may see decent momentum on the upside wherein you can look at targets of around Rs 530 to Rs 540 very quickly.
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