BAJAJ HINDUSTAN SUGAR LTD is looking bullish.BAJAJHIND has been making rounding the bottom. It is charted on a monthly time frame. In the last few weeks, it started making higher highs. Momentum is picking up in the price action and trending upward.
Monthly, weekly, and daily RSI is above 60.
Volume has increased significantly in the last 5 to 6 months and is being consolidated.
The chart pattern looks like a cup, and the break line is crossed with a fair volume.
One can quickly enter small trades, but there is a potential in investment trade.
BAJAJHIND
BAJAJHINDNSE:BAJAJHIND
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
#BAJAJELEC #BAJAJHCARE #BAJFINANCE #BAJAJHIND #BAJAJFINSV #BAJAJ#BAJAJELEC
NSE: BAJAJELEC
CMP: 1191
TP: 1500
SL: 1055
TF: <6m
RR > ~2 times
Return > 25%
BAJAJELEC BAJAJHCARE BAJFINANCE BAJAJHIND BAJAJFINSV BAJAJHLDNG BAJAJ_AUTO BAJAJCON
HAVELLS
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#AVADHSUGAR #RAJSREESUG #UGARSUGAR #MAWANASUG #KCPSUGIND #NIFTY
#AVADHSUGAR
NSE:AVADHSUGAR
CMP: 544
TP: 684
SL: 494
TF: <6m
RR > 2.8 times
Return 25%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#MAWANASUG #TRIVENI #BALRAMCHIN #RENUKA #EIDPARRY #BANARISUG
#MAWANASUG
NSE:MAWANASUG
CMP: 99
TP: 135
SL: 80
TF: <6m
RR > 1.8 times
Return 36%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia