#BAJAJHIND - The stock has shown a strong rally from 11.25 onwards. The stocks has broken out of it trendline and parallel channel. However RSI is 75 which indicates overbought. The stock may see a pullback first as seen in last candle where it did not sustain 20.25 before closing at 18.80. The stock can cross it 52 week high of 22.40. However traders should consider the impact and extent of this pullback before entering.
Chartbusters - chart - 19544046