BAJAJ AUTO LTD
Short
Updated

Bajaj Auto - Looks Tired, maybe final distribution happening?

79
Bearish for long-term. Can try positional short below 3150, with SL of 3250.
Long-term target T1 2000 (Best case)- T2 1650- T3 1500 (Worst case)
Trade active
CMP - 2275 from 3150, almost 12% down from posted level. Now facing resistance, expect some upside bounce before take-down.
Note
Today low 2037 - Target 1 done. 35% gone from posted levels.

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