#BajajConNSE:BAJAJCON Very good volumes seen after the Earnings. Resistance zone 260-265. RSI > 70 on Daily 300-310 next Resistance zone. Longby vinucool35Updated 112
Bajaj Consumer - Cup and Handle breakout Bajaj Consumer - Cup and Handle breakout Buy Bajaj Consumer on breakout from Channel. Long-term cup and handle formation Buy around 240-250 Target - 350-360 Time line - 6 months Longby harishnarayan2579Updated 4
Breakout in Bajaj Consumer in Daily time frameThe chart shows a beautiful and holder break out. Company is releasing its annual results in this week. It will be wise to consider based on the outcome of the results. Do your own risk management.Longby stockbizwizard1
Bajaj Consumer - Cup & Handle Breakout A good Cup & Handle breakout along with good volumes. A breakout above 260 will open doors for 400 and 525 levels. Stop Loss @ 208 Along with Cup and Handle its also created double bottom ! Longby Nimble_Pesos3
bajajcon long trade stock : bajajcon (bajaj consumer) trade : long (cash segment) buy @ 260 above sl @ 243 target @ 300 note : this information is for education only Longby cbk2570
BAJAJCON - Weekly AnalysisIn the Weekly Chart of BAJAJCON , we can see that, it has given trendline breakout. Possible momentums are shown in chart.Longby JatinManani0
Multi year trendline breakoutBeautiful multi year trendline breakout has happened. Wait for entry price as per chart for entry.Longby DrDNA0
Bajaj Consumer for Quick 15% Bajaj Consumer Care is engaged in the business of cosmetics, toiletries and other personal care products. The Company has presence in both domestic and international marketsby nikhilsaggi12
BAJAJ CONSUMER: CUP & HANDLE Breakout!BAJAJ CONSUMER is in good shape and making great move since it is near it's result day and expecting some good news,too. Let's see if we can see 100% returns. NOTE: I'm not a SEBI REG. Study before investing.by tradingcults0
Cup and Handle pattern, Bajaj Consumer Bajaj Consumer Weekly Stock has been consolidating for a long. 240 to 250 is level to watch Break out can give a good up move. Manage your risk , For learning purpose only.Longby hemantonline0017Updated 0
"Bullish Setup: Bajaj Consumer Care Swing Trade"Bajaj Consumer Care, a prominent player in the personal care products sector, is exhibiting a compelling chart pattern – a rounding bottom formation. This pattern suggests a gradual shift in momentum from bearish to bullish, indicating a potential reversal in the stock's direction. Accompanying this pattern is evidence of good accumulation, indicating that institutional investors and traders are steadily acquiring shares, which further supports the bullish sentiment. For swing traders eyeing an opportunity, initiating a long position could be a strategic move. However, it's crucial to exercise caution and consult with a financial advisor before executing any trades. Here's a tentative plan for a swing trade: Entry Point: A suitable entry point could be upon confirmation of the rounding bottom pattern with a break above the pattern's resistance level. This breakout should ideally be accompanied by strong volume, confirming the validity of the bullish reversal. Stop Loss (SL): To mitigate risk, a stop-loss order could be placed slightly below the pattern's low or a significant support level. This level should be determined based on the trader's risk tolerance and the stock's volatility. Target Prices: Potential target prices can be identified by measuring the height of the rounding bottom pattern from its lowest point to the resistance level. This measurement can then be added to the breakout point to estimate potential upside targets. Additionally, key resistance levels and psychological price levels can serve as additional targets. Remember, swing trading requires diligent monitoring of price movements and market conditions. It's essential to adjust your trading plan accordingly as the trade progresses and to adhere to your risk management strategy. Lastly, while chart analysis can provide valuable insights, it's imperative to supplement technical analysis with fundamental research on the company and industry trends before making any trading decisions.Longby Sanil19121
Above 165 can expect good move - Must be on your watchlistBajaj Consumer Care Ltd Trading at 153.60 , above Rs 165 can expect good move on weekly chart debt free small cap PE 14.25 Do your own analysis before take a tradeby Hussain_369Updated 3
BAJAJ consumer bullish on monthly timeframehigher highs market structure started 185 is good level to buy with high RR currently above 200 stucked in the channel 324 is the 1st target as per price action and also a GANN LEVEL Longby raghav_shikerkar0
BAJAJCON - Weekly AnalysisIn the Weekly Chart of BAJAJCON , we can see that, it is at decision making point. If it shows up move we have targets of 300 and 350. Possible momentums are shown in chart.Longby JatinManani0
BAJAJCON - Weekly AnalysisIn the Weekly Chart of BAJAJCON , we can see that, it is creating a strong Price Action and has created a Inside candle. Enter on breaking its High with Low as SL.Longby JatinManani1
cup and handle breakoutBajaj consumer on weekly timeframe has formed cup and handle pattern and given breakout with good volume. The short term and mid term momentum is also bullish with recent crossover. the target is of 1:3 which indicates it could be a fair trade.Longby runalnamole7Updated 3
Break out for a decent return!!!If stock closes above 287 can go for buy. Target 340+++. Safe traders can exit at 340. Minimum return is around 17.24%. Thank you for the support!!! _/\_ Longby BM579Updated 3
BAJAJ CONSUMER (TRADE/INVESTMENT IDEA ON DAILY CHART)Bajaj Consumer Care Ltd. Results Snapshot: Q4FY23 Quarterly & FY23 Annual Result Announced for Bajaj Consumer Care Ltd. Personal Products company Bajaj Consumer Care announced Q4FY23 & FY23 results: Volume growth of 9.9% in Q4FY23 and 5.6% in FY23 YoY Value growth of 11.7% in Q4FY23 and 8.4% in FY23 YoY, Hair oil grew by 11.9% in Q4FY23 and by 8.1% in FY23 NPDs grew by 2.1X in FY23 to Rs 113 crore from Rs 53 crore in FY22 On Consolidated basis, value growth of 9.5% in FY 23 with IB growth of 56% Gross Margins in Q4FY23 – 54.1% v/s Q4FY22 – 56.2%, sequential improvement over Q3FY23 by 110 bps Gross margin in FY23 – 53.4% v/s FY22 – 57.3% Inflation in RM prices impacted margins on YoY basis EBITDA in Q4FY23 margins at 17.9% same as Q4FY22, in absolute terms at Rs 43.3 crore higher by 12% YoY FY23 – 15.6% of sales (-570 bps) on account of increased investments in A&P ( 160 bps) and reduction in Gross margins (-390 bps) Bajaj Hair oil market share (Value) in THO remains flat at 10.4% in Q4FY23 v/s Q4FY22 Share Holdings : Promoter Shareholding 39.35% FII Shareholding 14.41% DII Shareholding 17.18% Public Shareholding 29.06% Bajaj Resources Private Limited PROMOTER Goldman Sachs Funds - Goldman Sachs India Equity Portfolio FII Jupiter India Fund FII Icici Lombard General Insurance Company Ltd PUBLIC Huf PUBLIC Hdfc Mutual Fund - Hdfc Multi Cap Fund DII Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund DII Thats all for now. N.B: I wanted to emphasize that the views I express are strictly personal and should not be construed as advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The complexity and unpredictability of financial markets underscore the importance of seeking professional guidance tailored to your individual financial circumstances and goals.Longby Subhrajit006Updated 0
intraday, swing, short term; min 70% returnsrefer my old idea on this stock midcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ; . . . . . . refer my old ideas attached bellow for conformationLongby TheNuraTradingUpdated 20
BAJAJ CONSUMER TGT 280-300-328Bajaj Consumer Care Ltd. is an interesting chart with following 1. RSI on Daily and Weekly Above 60 2. Narrowing Bollinger Bands on weekly charts 3. Multiple Moving Average Supports as under: Daily 20 SMA at 220 Daily 50 EMA at 222 Weekly 20 SMA 224 Weekly 50 EMA 212 Monthly 50 EMA at 218.50 4. Big Green Candle on weekly chart with huge volume candle 5. 20 SMA crossed above 50 SMA from below 6. Stock outperforming sectoral index in both 1 week and 3 months 7. High Sales Growth with Highest Annual sales in last 10 years. 8. ABCD Pattern under formation on weekly chart. Can be a good risk reward with buy on dips and dips with major support near multiple Moving average supports i.e. 210 - 224 zone and a target towards 280- 300-328 respectively Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix. Longby rajivrajeev3
BAJAJCON 1M Possible ScenariosBajaj Consumer 1 M tf possible scenarios. Can bounce back from lower or upper levels for a downward journey.by gsvikki1
Falling wedge pattern A falling wedge pattern occoure in bajaj consumer. Wait for breakout and entry. Longby rajeshdhingra1616Updated 1
Bajaj Consumer Cmp 239 Flag Pattern BO & VolumesBajaj Consumer Cmp 239 dated 23-2-2024 Weekly Chart (Investment idea) 1. Flag Pattern BO @ 250 2. Price Rise with Volumes 3. RSI Divergence Buy above 250 target 270-290-300-310-325-350 375-400 SL 200 It is just a view, please trade at your own risk. Longby SHEETAL_UDESHI3326