Chart Of The Day – Bajaj Electricals Lightens Up D-Street

Bajaj Electricals continued to hog the limelight, as the stock witnessed another strong up session today. The stock surged 5.9% on more than two times the 50-day average volume. As a result, the stock raced to a new high and is currently trading 10% above its pivot price of Rs. 556.65. The Company had recently launched an Internet Of Things (IoT) enabled air cooler.

BajajElectricals_MarketSmithIndia