In the Weekly Chart of BAJAJCON ,
we can see that, it is creating a strong Price Action and has created a Inside candle.
Enter on breaking its High with Low as SL.
Bajaj Consumer - Cup and Handle breakout
Buy Bajaj Consumer on breakout from Channel.
Long-term cup and handle formation
Buy around 240-250
Target - 350-360
Time line - 6 months
Bajaj consumer on weekly timeframe has formed cup and handle pattern and given breakout with good volume. The short term and mid term momentum is also bullish with recent crossover.
the target is of 1:3 which indicates it could be a fair trade.
If stock closes above 287 can go for buy.
Target 340+++.
Safe traders can exit at 340.
Minimum return is around 17.24%.
Thank you for the support!!!
_/\_
Bajaj Consumer Care Ltd.
Results Snapshot:
Q4FY23 Quarterly & FY23 Annual Result Announced for Bajaj Consumer Care Ltd.
Personal Products company Bajaj Consumer Care announced Q4FY23 & FY23 results:
Volume growth of 9.9% in Q4FY23 and 5.6% in FY23 YoY
Value growth of 11.7% in Q4FY23 and 8.4% in FY23 YoY, Hair oil grew by 11.9% in Q4FY23 and by 8.1% in FY23
NPDs...
refer my old idea on this stock
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
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refer my old ideas attached bellow for conformation
Bajaj Consumer Care Ltd. is an interesting chart with following
1. RSI on Daily and Weekly Above 60
2. Narrowing Bollinger Bands on weekly charts
3. Multiple Moving Average Supports as under:
Daily 20 SMA at 220 Daily 50 EMA at 222
Weekly 20 SMA 224 Weekly 50 EMA 212
Monthly 50 EMA at 218.50
4. Big Green Candle on weekly chart with huge...
Bajaj Consumer Cmp 239 dated 23-2-2024
Weekly Chart (Investment idea)
1. Flag Pattern BO @ 250
2. Price Rise with Volumes
3. RSI Divergence
Buy above 250 target 270-290-300-310-325-350
375-400 SL 200
It is just a view, please trade at your own risk.
NSE: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...
BAJAJCON weekly TRIANGLE PATTERN AND DOUBLE BOTTOM If weekly closing is 219 above then the MORNING STAR CANDLE is invisible and 200 MA support recently
monthly double bottome with pending break out
weekly small cup patern retest and 2nd big cup patern with handle in progress
daily gate formation
febonachi long term 0.30% and short term 0.5 % retracement at level of daily 200 ema and forming gate
wait for trend line break or close above upper band of BB and RSI above 60
entry only above 229 candle close with SL of...
Bajaj Consumer: Long Setup
Achieved the target of EOW-4
And ready to shoot up for W-5
Levels mentioned on chart.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading
Bajaj consumer.
Entry around 195 to 205 .
Target 300 and 480 .
Long term view .
It will take time as this is slow moving stocks.
Ideal for long term investors.
This is my PERSONAL view. DO YOUR OWN RESEARCH.
Round base formation on weekly chart frame. Stock took support at 217 levels and now all set for 325 levels in 1 year time frame. Good for investment for 35% return.
