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May 09, 2006, 07.01 PM IST

Bajaj Auto has good support at Rs 3000-3040

Technical Analyst, Salil Sharma is of the view that Bajaj Auto has got a good support between Rs 3000-3040.

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Technical Analyst, Salil Sharma is of the view that Bajaj Auto has got a good support between Rs 3000-3040.


Sharma told CNBC-TV18, "Bajaj Auto is looking strong. It is making new highs on the frequent basis. It has always found strength. It is a share, which should be bought on declines. It has got a good support between Rs 3000-3040. It is a good stock but only to be bought on declines."


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