BAJAJ AUTO LTD
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Bajaj auto likely to correct more.

After stupendous rally bajaj auto has completed its
5 th wave and now in the process of correction.
It is expected to move lower in the 5 th wave of its
C wave.
This is only my study not any recommendation to buy and sell.
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Not that this chart was prepared and posted after seeing its result.
This chart was worked out by me on tuesday night.It is on record.
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snapshot
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All is not over for bajaj auto.This is 4 th wave pull back of 3 rd wave.But it will taken time for its revival.4 th wave pull back of 3 rd wave mormally extends to the internal 4 th wave of 3 rd wave itself as shown by arrow.correction may time correction too,,
Chart PatternsTechnical IndicatorsTrend Analysis

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