Bajaj Auto , one of the auto giants has been forming cup and handle pattern for past 140+ days, if it gives breakout it can give a good up move after the retest.
Note :- Wait for breakout to happen.
Some quick fundamentals on this stock :-
Return on Capital Employed (%) = 22.96 ( great )
Return on Networth / Equity (%) = 18.7 ( great )
Total Debt/Equity = 0 ( great )
Current Ratio = 2.51 ( great )
*This analysis was done by me only for educational purpose , feel free the share your views/feedback.*
Note :- Wait for breakout to happen.
Some quick fundamentals on this stock :-
Return on Capital Employed (%) = 22.96 ( great )
Return on Networth / Equity (%) = 18.7 ( great )
Total Debt/Equity = 0 ( great )
Current Ratio = 2.51 ( great )
*This analysis was done by me only for educational purpose , feel free the share your views/feedback.*