Bajaj consumer, Breakout weekly chartAs we can see that Bajaj consumer broke out from its resistance zone in weekly chart,
it may come for a retest, we can expect good return in nearly future
BAJAJCON trade ideas
BAJAJ CONSUMEROn Monthly Chart, Dec 2022 Candle Just Started and looks a pullback up side. Buyers are Rigid and holding the Price. Looks Good and if have any doubts please do comment.
SL - 155
Tgt - 185
bajaj consumergood depth free company ,, Now its major resistance
once break out resistance , we can expect good move
BAJAJCON - Demand emerged at 130-160 in Jun/Jul-22This was after being range bound for multiple years in 100-200-400 brackets
Plan
- Consider to Buy above 175
- and/ or Rejections near 125
PB 3x
PE 14x
ROCE 26%
DivYld 5%
A bet on this one.Bajajcon closing above 200 day moving average. Trading in extremely right range, in a narrow range for 90 days. A definitive closing above 175 can begin new up rally. Just basic TA. Nothing more. Lets see how this one holds.
BajajCon LongTerm StockBajaj Consumer is the company whose main source of income is oil, hair care and cosmetics product. The company name is associated with Bajaj Group. Stock is in very good Demand Zone / Support though the SL is far but i am going to buy in tranches which reduces the risk and if stock moves High will trail my SL. A company is at very low valuations one can take a bet on this company after all this is what we called investment. Everyone is finding an edge everyone knows it "No one applies" here you clearly see that the kind of R:R this is giving "This is an edge". Here it is very clear that this is not any kind of recommendations or tips though i have an open position in this stock as per my Risk.
Bajaj Consumer- Breakout Bajaj Consumer breakout after consolation. Good volume seen for past few trading sessions. If it sustains 179 then 205 & 230 target could bee seen.
go long on bajaj consumerstock is at a good support....S&R support, Fib.support, channel support etc...etc...all in all, a fantastic buy...
BAJAJ CONSUMER - Stock to watchA smoothed cup structure formation at POC support.
Expected targets - 240 / 260.
SL - Last swing low
Bajaj ConsumerBajaj Consumer
Dont enter @ CMP
Suggestion: Enter once it cross above 50 MA
Enter @ 268 -270 levels
BAJQAJ CONSUMER BAJAJ CONSUMER -
1. Inverted cup & handle formation.
2. Breakout & retest of parallel channel.
3. Momentum build up in RSI while stock was consolidating.
Expecting good rally from here.
BAJAJCONBajaj Consumer Care Ltd. engages in the manufacture and marketing of hair oil and hair care. Its brands include Bajaj Almond Drops, Bajaj Brahmi Amla, Bajaj Coco Jasmine, and Bajaj Kailash Parbat. The company was founded in 1953 and is headquartered in Mumbai, India.
Bajaj Consumer Short Term TradeThe stock has broken down and took support at the support zone near 280. Trade is supported by brokerage calls and Supports Nearby.
The support zone is the point of entry.
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zones and 200 EMA. Target is placed near the all-time high and is supported fundamentally.
Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
Bull Run indiacatorAfter a brief consolidation a high lower is formed on the daily chart of bajaj consumer, a textbook example of a shooting star near the 50 EMA , it should most likely be a bull run for the stock as it already has really great financials, use stop loss under the low of the shooting star and take the pervious high as the target
BAJAJCON is go long !!!???BAJAJCON: seems like it finished expending triangle. Can we expect long here !?
BAJAJCON : can we expect up move!??BAJAJCON; seems like it is formed BC leg of AB=CD pattern. can we expect long here !? Watch the price at Watch out zone and go long !
Bajaj Consumers Bajaj Consumers, Daily Time Frame,
Given Trendline Bullish Breakout
It's like ascending triangle pattern,
Along with Bullish UNGALI SETUP,
Weekly and Daily both MACD are positive and Aligned with Oscillators too.
All EMAs are Positive as per Requirement for Bullish Bias, One can go Long with Stop-loss of 268.
All key levels are mentioned in chart with Stop-loss and Targets.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Bajaj Consumer - All set for next upmovePrice has been consolidating in a narrow range for over 4 weeks. Stock can be considered in a pullback phase as suggested by the low volumes and holding of the previous breakout area. Company has been reported fantastic quarterly earnings which has been well received by the market participants. Outside the consolidation area, stock can see 310/350 in short term. Entering at current market price has a low risk:reward ratio.
