Technical view by Nooresh

Bajaj HIndustan

The last time i recommended sugar was for a quick spurt of 10-15% and it did it in the next 2 days ..

I had warned nuthing gr8 in sugars but only a 10-15% spurt... Everybody was shouting sugars bajaj hind down from 340 to 270 ..

Now i am again saying it i dont see reversal signs as of yet.. But double bottom and triple bottoms at current levels like 256 shows a bounce is definitely on the cards..

And now the stoploss is very close ... stoploss arnd 260 -255 buy as closer to it ,.. tgt 300 ++....

Article by Nooresh Merani

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