Bajaj Auto Ltd (Bajajauto - NSE) is in ABC zigzag wave pattern in 60 min time frame. Price is within B wave corrective as triangle till it holds invalidation level. C wave once will be confirmed when triangle broken out upside. In weekly time frame, it was choppy in up move, but in down cycle it was ABC flat correction, which was over and now started new up cycle as ABC.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.