Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in BAJAJ ELECTRICAL.

BAJAJ ELECTRICAL is strong on daily Charts & bullish cross over in KST and good numbers at CCI shows bullish movement a head therefore I would suggest to Buy above 585; this can see upside to levels closer to Rs 625 – 630 zones, keep stop loss below Rs 510.

Stock Tips

Stock has been gaining for the last 2 days and has risen 2.35% in the period &Outperformed Sector by 0.94%.  BAJAJ ELECTRICAL was closed 0.19 percent down today at Rs 565.80 at NSE.