Search+ExclusivesSynopsisBajaj Auto has broken out above a key descending trendline, signalling renewed bullish momentum. Technical indicators remain supportive, with the stock trading above major moving averages and RSI staying strong. Analysts recommend a Bull Call Spread strategy, targeting further upside while limiting downside risk through defined option positions.Bajaj Auto has delivered a strong breakout above a descending trendline on the daily chart, indicating the end of its recent consolidation phase and the resumption of bullish momentum. The stock formed a large bullish candle, reflecting aggressive buying throughout the session and a decisive close above a key resistance level with minimal profit booking. Price action suggests a shift in sentiment, as buyers successfully absorbed supply and BYSumeet BagadiaET CONTRIBUTORS 3 mins readJul 23, 2026, 12:22:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership