CMP: 250


Bajaj Corp closed above 62% Yearly Fibonacci levels of 240.

Click Here to read about our first recommendation of Bajaj Corp at 105

Bajaj Corp is fundamentally strong and it has been dull for the last 8 months and it has now closed above crucial levels on the upside. It is now expected to get the attention of long term investors. 220 to 250 will be a good range for retail investors to buy.

Buy at current levels and keep accumulating in the zone 220 to 250. Short term target of 280 and long term investors can hold for next 2 years.