Bajaj Healthcare looks good.Broke out from an important range. Buy 30% now and wait for small dips. Targets mentioned in the chart. Volumes are picking up and good candles are forming.
Please do your due diligence before trading.
BAJAJHCARE trade ideas
Short term technical trade weekly TFSince 29-01-2024 candle, price tried many times to positively close above key level 336.45 but failed many times . Now since last 5 weeks price is in upside momentum and closed above key level 336.45.... Sl below 325 closing basis Target 410....Not any recommendation....only for educational purpose ...
Bajaj Healthcare can remain bullish on buy back offerBajaj Healthcare Ltd. is a pharmaceutical company, which engages in the development, manufacturing, and supply of amino acids, nutritional supplements, and active pharmaceutical ingredients, serving various Pharmaceuticals, Nutraceuticals and Food industries globally.
Bajaj Healthcare Ltd CMP is 355. The positive aspects of the company are Company with Zero Promoter Pledge, Mutual Funds Increased Shareholding in Past Month and Increasing Revenue every quarter for the past 2 quarters. The Negative aspects of the company are declining Net Cash Flow : Companies not able to generate net cash.
Entry can be taken after closing above 359. Targets in the stock will be 377. The long-term target in the stock will be 403, 429 and 447. Stop loss in the stock should be maintained at Closing below 312.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Can $NSE:BAJAJHCARE Will Take Support ?Dear Followers,
I hope this message finds you well. I wanted to share my swing trade view on NSE:BAJAJHCARE with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy.
Stock: NSE:BAJAJHCARE
Holding Time Frame: 90 Days
Entry Point: 360-363
Stop Loss Point : 335
Target Point: 410,440,470
I've created a chart on TradingView that illustrates my analysis. You can view it by clicking on the following link:
Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Date 10-Dec-2023 , and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions.
Feel free to reach out if you have any questions or if you'd like to discuss this swing trade view further. Your feedback and insights are always appreciated.
Best regards,
Prachi M
BAJAJHCARE Trade set up1. Trend: Accumulation
2. Trade set up: Breakout
3. RR: Lucrative
4. Trend will turn supper bullish upon decisive breakout
BAJAJHCARE Symmetrical Triangle breakoutNSE:BAJAJHCARE BSE:BAJAJHCARE
Time Frame – Weekly
Observations : -
* Symmetrical Triangle breakout done with good volume
* High Volume activity seen since last 4 weeks
* Price taken support at weekly 200 SMA and gave good bounce.
Resistance – 512 / 637 / 778 / 875
Support – 375-420 zone
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Bajaj Healthcare LtdIt is a bulk drug manufacturer manufacturing and supply of various Active Pharmaceutical Ingredients (API's), Amino acids and Nutritional supplements for Pharmaceuticals, Neutraceuticals, Food industries.
BAJAJ HEALTH CARE yearly chart Bajaj healthcre the chart say the starting to the this year the share in continusly give good retrun to the investor and give divident in time to time yearly chare data is limited. I am bullish this share but i am not surprice that the share give net negative return at eh year end
BAJAJHCARE SWING OPPORTUNITYTrendline breakout
Recent consolidation breakout would give 20% returns
BUY around 420
SL 380
TARGET ~490 (Risk apatite)
Disclaimer: Due diligence
Bajaj Healthcare Inverted Head & Shoulder Breakout NSE:BAJAJHCARE Bajaj Healthcare has given a Breakout of Inverted Head & Shoulder pattern.
Target 1: 480
Target 2: 530
SL below 378 (Closing Basis)
Bajaj Healthcare looking good. Bajaj Healthcare Ltd. is a pharmaceutical company which is into the operations of manufacturing of amino acids, nutritional supplements and other pharmaceutical ingredients. Its CMP is 400.1.
Negatives of Bajaj Healthcare are that they have declining net cash flow and FII are decreasing their stake in the company.
The positives are that they have Zero promoter pledge and increase in operating profit margins.
X/2 Entry in Bajaj Healthcare can be taken above 408 and X/2 above 431. Targets will be 462 and 496.
Stop Loss can be kept at a closing below 360.
Educational purpose / Paper Trading only.
BAJAJHCAREStock has come out after long consolidation .
Volumes has spiked up as well 🎊🙏🙏
Ready to make move
