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Bajajconsumer

Long Bet on Bajaj Consumer Stock Bajaj Consumer Care has been an integral part of the Indian experience for over 70 years. With our wide range of hair, beauty, and personal care products, we’re the secret behind countless smiles and untold happiness for generations of Indians spread across the world. Part of the storied Bajaj Group, Bajaj Consumer Care owns the iconic Bajaj Almond Drops Hair Oil and Nomarks – brands that not only lead their categories but also reflect our unwavering commitment to quality, trust, and constant innovation. CMP-220 TMP- 1000 sl 75 Buying Range- 180- 220. Time frame 2-3 years
NSE:BAJAJCONLong
by rudraprasad389
Bajaj Consumer - Rounding PatternThe "Rounding Bottom" or "Saucer Bottom" chart pattern is a technical analysis indicator that can signal a potential bullish reversal in the price of a stock. When observed in Bajaj Consumer's stock chart, this pattern suggests that the stock may have reached its lowest point and is poised for an upward trend. Key points to note that when bullish curve started, started with Morning star then bullish piercing and finally bullish engulfing. Lows of the bullish candle indicate that the market has bottomed out. Key Characteristics: Shape: The pattern resembles a "U" shape, indicating a gradual shift from a downtrend to an uptrend. Duration: It typically forms over a longer period, often several weeks to months, reflecting a slow shift in market sentiment. Here it takes more a year Volume: Volume tends to decrease at the bottom of the pattern and increases as the price begins to rise, confirming the potential reversal. Implications for Bajaj Consumer: Market Sentiment: The pattern reflects a shift from bearish to bullish sentiment among traders and investors. Entry Point: Investors might consider entering a long position as the stock breaks out from the rounding bottom pattern, signaling the start of a potential uptrend. Target Price: The expected target price after the breakout can often be estimated by measuring the depth of the rounding bottom and projecting it upward from the breakout point. How to Trade: If Bajaj Consumer's stock shows a rounding bottom with the lowest point at ₹200 and the breakout occurs at ₹260, the depth is ₹60. Hence, the target price could be around ₹320 (₹260 + ₹60). Regards Arvind Yadav, Cfa Arvind Share Academy
NSE:BAJAJCONLong
by Arvind_Share_Academy
"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.
NSE:BAJAJCONLong
by Sanil1912
BAJAJCON - keep an eye for BO above 250NSE:BAJAJCON cmp 243 watchout for BO above 250 will likely run against some resistance around 280, but overall, should do well over 250 The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
NSE:BAJAJCONLong
by ajaykalashi
BAJAJ CONSUMER CAN GIVE MOMENTUMHello Traders, I am Talking about Bajaj Consumer Limited, a strong support and resistance zone is visible in it in the daily time frame. The market had stopped at resistance with a strong sell-off, then came back to the resistance, that zone is not able to break, then the market is visible on the side zone. Now the market has made a strong hold on the level of 133.15. If the market does not break that support, then the market can go to the resistance level. And if the market breaks the support line, then it can go to the level of 115, then it can go up to 120-125-. And if the market moves up by touching the support then it can touch the 50 EMA moving average. Target -(if the market breaks support) 129-125-120 (if the market doesn't break support) 145-150 Thank you! Money_Dictators Disclaimer: This is NOT investment advice. Invest your capital at your own risk.
NSE:BAJAJCON
by Money_Dictators
1
Expecting a Bullish Move in BAJAJCONAs per the 2 Hour Chart of BAJAJCON, we have witnessed a Formation of a “HAMMER” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 163.40, 167.25, and 174.20. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 155, on closing basis. Closing Price (as on 07.03.22) : 159 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:BAJAJCONLong
by alokdaiya
Bajaj Consumer is in sideways and ready for a big moveBajaj Consumer is in sideways and ready for a big move Reasons/Traits : • Bearish Bat harmonic pattern is forming (gets activated if price goes and stays above 265 • Price is in sideways since few weeks • Price is revolving around 13/20/50/200 EMA • Big movement can be expected from stock which are in sideways since long and hovering around all EMA’s What can happen next : Scenario 1 : Price sustaining above 265 levels can take it to 270/280/290/310/325 levels Scenario 2 : Price break down below 250 or the trend line can take it down to 245/230/220/210/200 levels Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you! Please do like and share this idea. Thanks
NSE:BAJAJCON
by AdhigamaTrading
2