Trend Reversal in BAJAJHLDNGBajaj Holdings & Investment facing resistance from 200 DMA and formed reversal pattern on weekly chart, wait for some more correction to get into this stock.
BAJAJHLDNG trade ideas
BAJAJHLDNG- Good accumulation in this counter. NSE:BAJAJHLDNG
Good accumulation happened in this counter, breakout will give good returns. Look at the volume bars and also quality delivery buying seen at this level as well.
Multibagger Story of BajajHolding TechnicalFundamental AnalysisDear Friends,It is been since long that i have shared an idea in the Indian Market charts.
Here is the mindblowing Thought.
We always look Fundamental and Technical as two differrent poles. Why not combine Technical Analysis with Fundamental data to predict the price of the future ,Atleast trend of the price that will happen in the future.
Look at the March 1st price of each year and the "Net Cash Flow" (NCF) declared by the company .There is a reason behind every FALL and for every Raise of the price .
Each year negative NCF declared price dropped in the next months (APRIL ,MAY,JUNE)
Each year Positive NCF declared price topped up in the next months(APRIL ,MAY,JUNE)
In year Positive CF (cash flow ) of the the company was 2-3times of the last year NCF price move in the upper direction was steady and Eearning per share(EPS) was very promising .
Why cant we choose a multibagger with Tech(nical)Funda(mental)Analysis.
According to my analysis the growth story of BAJAJHOLDING is promising ,we see much bigger growth in comming years.
So when to invest , Answer is simple ,look for March Result of the company ,Check NCF ,Go for long when NCF is positive.
HAPPY TRADING ,HAPPY INVESTING.
Follow,Like ,Comment appreciate .
Soon meet you with new Tech(nical)Funda(mental)Analysis posts.
For Technical i use longbuylongsell Indicator.
