Bajaj Consumer Trading Idea


Breakout from ascending triangle . About 7x volumes on breakout. Stock has had good delivery volumes as well.
Enter above 200
T1 : 218.5
T2 : 238
SL : 185
Not a very exciting risk-reward ratio but given the clear breakout with good delivery volumes as well as a moving average golden cross, I believe it is a good trade.



stock retested the key level BUY alert !!! ....i'm looking to buy any suggestion ??? any one ???
Shravster tradethetip
@tradethetip, Ideally it should be a good idea to buy. Nifty FMCG has touched a 52 week high as well.

P.S. This is only for educational purposes.
tradethetip Shravster
@Shravster, yup 🙂👌
should we wait for retest ?
Shravster SidAhad
@SidAhad, Waiting for the retest is definitely the safer option as it considerably increases your risk-reward ratio, as the stock is likely to open higher that the latest close. However, you should also be prepared for the fact that the stock may just take off without retesting. In that case the only option would be buying at the dips.
Hope this helps!
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