BAJAJCON trade ideas
PARALLEL CHANNEL + BULLISH HARAMI POWER !BAJAJCON is forming a good parallel channel pattern since last 140+ days. Now the stock is near its support line of the channel. Stock has also formed bullish harami ( japanese candlestick pattern ) which is trend reversal pattern from bearing to bullish. Considering these two good signals, this can be a good long opportunity. Please note that this analysis was done by me only for educational purpose, feel free to share your views/feedback.
BAJAJ CONSUMER looks bullishcontinuously making patterns, breaking out quickly and then consolidating and breaking out again.
follow the past pattern and back test it.
keep watching!!
Bajaj Consumer. SUPER STOCK!!!!!!!FUNDAMENTALS ARE VERY GOOD.
PERFECT SLOW MOVING COMPANY TOWARDS ITS TARGET.
313 EASY WITHIN 2 MONTHS.
CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADES.
Bajaj Consumer, Bullish 5,20 Crossover & RSI bullishBuy above 293
Target1: 325 Target 2: 360
SL: 280
Good for swing tradingTook support at 50DMA and now moving upward , MACD is in green as well, so buying is there , can take position now or wait for next candle to confirm direction
BAJAJCON is making Cup With Handle PatternAll Targets and Stop Loss is mentioned in the chart
Time Duration is between 2 to 4 Weeks.
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
BAJAJ CONSUMERIN DAY CHART..LONG TREND LINE SUPPORT
LEVELS MENTIONED IN CHART
NOTE- ONLY FOR EDUCATIONAL PURPOSE
Bajaj Consumer is Slow and Steady towards all time High! NSE:BAJAJCON is working itself to reach the all time high.
It has a great potential being an FMCG has good value yet to be unlocked and reflected in price of the stock.
Bajaj Consumer - Good Breakout!Look for a buying opportunity at 290 levels. With a reward to risk ratio of almost 1.7. Short term targets can be around 320. Great share for long term with excellent fundamentals! Keep on your radar.
Bajaj Consumer CMP: 294It has given Flag pattern breakout on daily chart with a good delivery volume. It has also given Rounding bottom breakout on longer time frame. Chart is looking very bullish on short term and Mid term. We can expect Pole target as 355 in short term and 385 in mid term. RSI and MACD indicated continuation of bullishness. ADX also indicating strength in trend.
BAJAJ CONSUMER Cmp 294.60 dated 15.4.2021BAJAJ CONSUMER Cmp 294.60 dated 15.4.2021
Flag Pattern Breakout above 300
giving tgt of 325-340-370+ SL 264
It is just a view, pls trade at your own risk.
BAJAJ CONSUMER CARE LTD - ASCENDING TRIANGLE PATTERN Bajaj Consumer Care Ltd. is in an uptrend. The counter was in a consolidation since 4th February 2021 until it gave the upward breakout on daily chart on 13th April 2021. The breakout was marginally above the resistance line. The breakout sustained on the immediately succeeding daily candle on 15th April 2021 with a close of Rs. 294 with a good volume support. I anticipate the price target of Rs. 334 in a time frame of about 21 daily candles. I suggest the stop loss at Rs.276 for the first four candles starting from 15th April 2021. Thereafter the profit booking/ exit decision be taken on a crossover of 26 EMA by 5 EMA.
NOTE: This is an attempt to predict future price movements. The investment decision, if taken based on this idea, should be at the sole risk of the investor.
BAJAJ CONSUMER - Keep an eye.Bullish Ascending Triangle - Keep an eye on this trend, we may see upside breakout in coming trading session.
