Bajaj Electricals Limited Share Price Target 700

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Bajaj Electricals Limited Share Price Target 700

The stock is trading at 505 after close on 7th Feb 2019 at 515.15, There has been strong buying from lower supports in the stock and it has rallied 20% from the recent bottom.

We believe that the buying which happened from lows of 415-450 is strong hands and that till 400 is not broken the stock can show upside momentum in the coming months.

Hence with a protective stop loss of 400 Bajaj Electricals Limited is a buy at 505 till 465 for a price target of 700-1000 in 2019

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