Bajaj Auto – Swing
BAJAJ-AUTO
Important Levels:
Support: 8,800 – 8,600
Resistance: 9,400 – 9,700
Structure: Strong uptrend continuation
Business:
Leading 2W & 3W exporter
Strong presence in global markets
EV + premium segment expansion
Earnings:
Consistent margin expansion
Strong export recovery theme
Beneficiary of lower commodity costs
Verdict:
👉 Trend stock – buy on pullbacks
👉 Safer than high beta names
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