Stock of Interest

Posted On: July 7, 2023

Stock Report : BAJAJ-AUTO (NSE) 6 Jul 2023

Outlook: Bullish

Bajaj Auto Ltd. is an Indian multinational two-wheeler and three-wheeler manufacturing company. The company is known for its popular motorcycle brands such as Bajaj Pulsar, Bajaj Discover, and Bajaj Avenger. Bajaj Auto has a significant presence in the domestic and international markets, with exports to over 70 countries. The company has a strong manufacturing infrastructure and a wide network of dealerships and service centres. Bajaj Auto has also ventured into electric vehicles, with the introduction of electric scooters like Bajaj Chetak. Over the years, Bajaj Auto has established itself as one of the leading players in the Indian two-wheeler market, with a focus on innovation, quality, and affordability. The company continues to launch new models and expand its product portfolio to cater to the evolving needs of consumers.

xCalData identifies that Bajaj-Auto will continue its BULLISH phase in the next 5 days and trend in the range of 4713.6 and 5084.6.

Bajaj-Auto has shown consistent positive returns in the past periods.

Collectively, xCalData Technical Ratios majority like RSI, MACD, STOCHASTIC OSCILLATOR suggests the stock would be in Bullish zone.

Yes, the stock doubled Once in the past.

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Disclaimer: The securities quoted are for illustration only and are not recommendatory.