bajaj steel ind-long for 50 % upmovedecent valuation , strong durability
on weekly charts , cup and handle formation
target and sl marked
BAJAJST trade ideas
Bajaj Steel Buy on dips near the support lineBajaj Steel Buy on dips near the support line for long term trade idea
Buy Bajaj Steel IndustriesBuy Bajaj Steel Industries (BSE:507944)
Buy Range- 1320 - 1350
Target- 1450 - 1470
StopLoss- below 1250
Potential Return- 9-10%
Approx trade duration 14 - 15 days
BAJAJ STEEL INDUSTRIES - DAY CHART - 19.02.23 - BAHAVAN CAPITALBAJAJ STEEL INDUSTRIES as per day chart analysis
Stock ABOVE 1102 TARGET 1112
BAJAJSTEEL LONGChart is self explanatory
Stay Invested for Long in this script, currently at consolation phase. Company has shown good result Quarterly result.
This is also going to benefit from PLI Textile scheme as company has started Cotton Export Division.
Disclaimer: This view is for only educational purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
bajaj steel industrieschart is selfexplainatory, all targets mention.
bajaj steel industries following head and shoulder pattern and harmonics.
Bajaj Steel - Descending Wedge Pattern will go long.Bajaj Steel Stock is about to breakout from Descending Wedge Pattern which is a Bullish pattern. So the stock may go long.
Please check the chart for details. Mentioned clearly about the support and resistance points.
I am learning as well. so please analyse the chart by yourselves before taking any decisions.
Criticism always welcomed
downside suport 1315 , on upside if close above 1504see thick lines on downside and upside on charts
P.S.- I WILL BUY ONLY IF CLOSE GIVEN ABOVE 1504
BAJAJ STEEL INDUSTRIES LTDTargets on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
