Bajaj Health Care now 431 looks good on chart
Key Point in chart:
(1) New support : 431 which was previously a resistance, now broken with volume.
Target 1 : 490 , Target 2 : 538 , Target 3 : 602
(2) Price structure : The chart show double bottom & Inv. head & shoulder which are positive signals. A projected price rally is shown, aiming for 490 and so on.
(3) Fundamental analysis : The stock's quarter on quarter earnings have increased. This is positive signal, supporting the likelihood of a breakout.
(4) Stop Loss : Suggested Stop loss is at 385.
(1) New support : 431 which was previously a resistance, now broken with volume.
Target 1 : 490 , Target 2 : 538 , Target 3 : 602
(2) Price structure : The chart show double bottom & Inv. head & shoulder which are positive signals. A projected price rally is shown, aiming for 490 and so on.
(3) Fundamental analysis : The stock's quarter on quarter earnings have increased. This is positive signal, supporting the likelihood of a breakout.
(4) Stop Loss : Suggested Stop loss is at 385.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.