January 2007


Dear all ,

Am back again after a long break … Was a bit held up with my job and could not concentrate on the charts . Now am back …

Bajaj Auto is consolidating into a nice triangle and is expected to breakout in either direction . Would recommend trading in the direction of breakout.

Bajaj Triangle.JPG

Upside Breakout Signal ->> 2800+

Dowside Breakout Signal ->> 2700–

Swing possible on breakout ->> 180-190 Rs.

Avinash MB

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