Bajaj Consumer Care, part of the Bajaj Group and a well-established player in the Indian personal care segment, is currently presenting a positional trade opportunity, supported by a strong technical setup and improving price structure.
Reasons are listed below :
Targets - 324 // 390 // 510
Stoploss - weekly close below 230
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Reasons are listed below :
- The 300 zone has acted as a strong resistance and has been tested multiple times, increasing the probability of a decisive breakout
- Potential breakout from a triple bottom formation
- Possible breakout from a consolidation phase of more than five years
- Trading above both 50-week and 200-week EMAs, indicating strength in the long-term trend
- Price structure remains bullish with higher highs and higher lows
- Rising volumes suggest increasing participation and accumulation
Targets - 324 // 390 // 510
Stoploss - weekly close below 230
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Trade ativo
1st target achieved : 15%++Trade fechado: objetivo atingido
2nd target achieved : 39%++Nota
Close to 3rd target, made a high of 77%+ from buying price
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.