Market Decoder
https://youtu.be/LLxVnmJIPGE
Nifty broken downside and BNF cmg towards 35000
Long Positional Call : DLF CMP : 328 , SL 300 in weekly Closing , Target -390 ,445, 500 and 600
Swing Target : 345 , 360 & 390
Swing Target : 345 , 360 & 390
As explained in d video , market reached the Major support zone, Next support lying 0.5 of fib.
*Bajaj Auto To Announce BB On 14th June*
*Biggest and large Size of BB by Bajaj Auto*
*Bajaj Auto is FO stock, so grey mkt activity will be there*
Bajaj Auto cash on books at Rs 19090 cr as on 31st March 2022 Current market cap Rs 1.1 lakh crores
So cash on books at 17% of Market cap or ~Rs 660 per share
Seems they can do a large buy-back!
Be Ready For "Hamara Bajaj"..... 😊
*Biggest and large Size of BB by Bajaj Auto*
*Bajaj Auto is FO stock, so grey mkt activity will be there*
Bajaj Auto cash on books at Rs 19090 cr as on 31st March 2022 Current market cap Rs 1.1 lakh crores
So cash on books at 17% of Market cap or ~Rs 660 per share
Seems they can do a large buy-back!
Be Ready For "Hamara Bajaj"..... 😊