BAJAJCON was given as one of the risky bet of our most successful day for buy above 229.
Crazy bull run continued in these cash stocks and surprisingly it hit 20% UC.
One of the best day for us
1. BHEL - 41.35 from 40.6 (1.8%)
2. CIPLA - 879 from 856 (2.7%)
3. ESCORTS - 1423 from 1374 (3.5%)
4. JSWSTEEL - Exited in 2 point loss (0.5%)
5. BAJAJCON - 256 from 229...
BAJAJCON
CMP 219.5
Stock from current level might move towards
232/246
SL 209 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
PROS:-
1.Company has reduced debt.
2.Company is almost debt free.
3.Company has a good return on equity (ROE) track record: 3 Years ROE 40.41%
4.Company has been maintaining a healthy dividend payout of 64.34%
------------------------------x------------x------------------------
Cons:-
1.The company has delivered a poor growth of 0.84% over past five...
DAILY SWING CALL // Tuesday 5th of January 2021 // NSE: BAJAJCON
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 229.60
TARGET: 264+ (15% Around)
STOP...
after a long time bajaj consumer is trading above 200 EMA also , triangular brake out is on the way. momentums indicators are in +ve zone.
Target -- 210/215
stop loss -- 196.
Explanation in Chart. Downside could be limited or temporary if so. Good fundamental script with nice dividend yield. Has a very good hair oil market share.
Hello traders,
Analysis and levels mentioned in the chart.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
9 week flat base. consolidation BO
prior trend is not that strong - only 70% up form low.
weekly action is tight with quiet volume followed by BO on high volume.
100 wma and horizontal S/R at around 230. so that may act as resistance.
