Chart Of The Week – Bajaj Electricals Makes a Resounding Comeback

After four straight weeks of decline and correcting 26%, Bajaj Electricals made a fine comeback at the bourses this week. The stock found support at its 200-DMA and rebounded sharply, thanks to strong numbers in Q3. Bajaj Electricals jumped 22.6%, amid high-volume buying in the scrip.

Bajaj_MarketSmithIndia