BAJAJCON trade ideas
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!
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Bajaj consumer products WeeklyEnter at CMP, clear uptrend and StochRSI crossover
Exit when StochRSI reaches above 80
Bajaj Consumer - TrendlineBajaj Consumer
Follow the Trendline
T1 - 280
T2 - 293
T3 - 303
SL: 239 (CB)
Bajaj consumerDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade
laggard stock - misses rally of sector due to recent news of limiting circuit of sme companies
script broken ascending triangle pattern
every good stock recover till fall but this script cant
buy - until 254
sl - 250
target - 280 - 290 -300
Bajaj Consumer- Inverted Head and shoulder patternBajajconsumer | Inverted head and shoulder -Looks potential for 13% up.... Looking Bullish for short term
swing idea bajajcondemand zone and trendline support
consumer stocks looks strong bajaj can move good in coming days
educational idea
BAJAJ CONSUMER LOOKS GOOD buy bajaj consumer 260-262 target 280 stoloss 239 it took support with good volume and fundamentally strong stock and my long term target is 500
already over sold, RSI is in the buy signal.
volume is geeting increase for bue. already about to touch its support
Bajaj consumer Positional View !BAJAJCON : cm p: 291
After significant correction,closing above moving averages.
RSI trending up.
Once it surpass and sustains above 295 lvl a fresh momentum may be seen in the short term.
TGT may be 304/316/323
SL 278 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Bajaj Consumer - Bullish tradeBajaj consumer -
CMP - 295
Technical -
1. Cup and handle pattern. Breakout
above 308.
2. Accumulation happening, clearly
visible with volume increase.
Trade - Bullish trade
Buy at CMP for following targets -
1. Short term - 355, 391
2. Long term - 445, 498. Long time horizon, 1 year
3. SL - closing below 260.
BAJAJ Consumer Swing trademaking handle so wait for breakout then you can go with long. This is only for education do your own study.
BAJAJCONM,EDUCATIONAL PURPOSE ONLY The stock is expected to move upwards as it has came out of its consolidation zone.
BAJAJCONSUMER, 1DStock is taking support from ots 50EMA and is in uptrend from long time.. daily closing above 305-310 can trigger further upmove..
BAJAJ CONSUMER--> 15-20% upside potential in short to mid term>Good consolidation in a flag pattern with support @50 EMA
>A buy trade can be initiated between 296 to 290 for a 15-20% upside with a stoploss of 280 only
>Favorable risk reward ratio of around 5
