Under these circumstances, it is Bajaj Auto which offers a reasonable opportunity for traders. The company's scrip had recently hit Rs 505 for a bottom. The scrip has been quite volatile in the last few sessions. This follows from the not so interesting results which it posted recently. Nevertheless, the market appears to have defined Rs 505 as its bottom. Fundamentalists would argue that it could be much lower. But market is governed more by opportunists who are looking for horses to ride. Bajaj Auto could once again rise towards Rs 570. The daily stochastic has given a buy signal for short-term traders. And despite the volatility the long-term RSI indicator is still green.