Stock Radar: Bajaj Auto reclaims crucial moving averages after recent fall; time to buy?
Bajaj Auto has rebounded after testing its 100-DMA, signalling renewed bullish momentum. Trading above key moving averages with supportive RSI and MACD readings, the stock shows a reversal structure and accumulation signs. Experts suggest accumulating at Rs 9,050–9,250 for a potential target of Rs 9,950 over the next 2–4 months.