BAJAJHCARE
BAJAJHCARE - CUP AND HANDLE BREAKOUT TRADEThe stock has formed CUP & HANDLE pattern
on the DAILY chart.
One can enter above 410 with a strict Stoploss of 380.70
Target 1 - 430
Target 2 - 450
Target 3 - 476
Target4 - 534
#SWING TRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Bajaj Healthcare Ltd#BAJAJHCARE
CMP 464.8
Bajaj Healthcare Ltd is a Pharmaceutical company with promoter holding more than 60%. Fundamentals not looking good. Share price got raised after getting EIR from USFDA .2.5 year long resistance trend line have been broken. Waiting for retesting. Technically looking good for short term.
Breakout in Bajaj Healthcare Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.