Bajaj Auto, Triangular Pattern

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Bajaj Auto is following a nice triangular pattern. Is both short and long side trade is possible on this stock. If it breaks above the pattern then enter on the breakout of 8365 with target 8950. If it break down below 8100 then target will be 7800.

Long
Entry: 8365
Target: 8950

Short
Entry: 8100
Target: 7800

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