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Swing Buy Setup โ€“ #BAJAJAUTO Auto Limited | Weekly Chart ๐Ÿ“ˆ
Price is holding above rising channel support and showing rejection from EMA + trendline confluence โ€” classic continuation structure.
๐Ÿ”น Buy Zone: Sustained move above โ‚น9,230
๐Ÿ”น Stop Loss: Below breakout candle low (~โ‚น8,970) โ€” no excuses here
๐Ÿ”น Targets:
โ€ƒโ€ƒ๐ŸŽฏ T1: โ‚น9,480
โ€ƒโ€ƒ๐ŸŽฏ T2: โ‚น9,880
๐Ÿง  Why this works
Higher-high, higher-low structure intact
EMA acting as dynamic support
Tight risk for a clean upside expansion
No prediction. Only execution if price confirms.
Breakout holds โ†’ stay with trend. Breakout fails โ†’ exit fast.
#SwingTrading #PriceAction #BAJAJAUTO
Dec 26 8:17 AM
ย  ยท ย  View Votes
NSE:BAJAJ-AUTO price when posted: 9,170

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