Bajaj Auto may slide down to levels of 1450: Prakash Gaba, CFT, prakashgaba.com

As far as Bajaj Auto is concerned, there is breakdown of structure completely. It should slide down to levels of 1450. The way it is coming down it is not a very encouraging picture.

In a chat with ET Now, Prakash Gaba, CFT, prakashgaba.com, shares his views on Bajaj Auto.

ET Now: What about some of the key auto players, the likes of a Bajaj Auto?

Prakash Gaba: As far as Bajaj Auto is concerned, there is breakdown of structure completely. It should slide down to levels of 1450. The way it is coming down it is not a very encouraging picture.

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