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Bajajconsumer

Momentum in Bajaj Consumer building slowly. Bajaj Consumer Ltd. is one of India's leading FMCG companies with major brands in the hair care and skin care category. The company's main brand is Bajaj Almond Drops in the hair oil category. It markets its skin care products under the brand No-marks. The company is a part of the Shishir Bajaj Group of companies. Bajaj Consumer CMP is 219.60. The Negative aspects of the company are Declining annual net profit and Declining cash from operations. The company's Positive aspects are No debt, Zero promoter pledge, FIIs are increasing stake and MFs are increasing stake. Entry can be taken after closing above 225. Targets in the stock will be 232 and 240. The long-term target in the stock will be 251. Stop loss in the stock should be maintained at Closing below 206. 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.
NSE:BAJAJCONLong
by Happy_Candles_Investment
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.
NSE:BAJAJCONLong
by r7888911518
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.
NSE:BAJAJCONLong
by tradewidmufeeth
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
NSE:BAJAJCONLong
by RK_Chaarts
3
BAJAJ CONSUMER - Price at crucial level - Chart StudyThe above analysis is done purely based on price action and chart patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Traders can take advantage of this analysis in intraday trades as well. In technical analysis, we say that a level/zone which first acts as a resistance for price, becomes support if the price breaks that level/zone. Also, a breakout is considered as good, if it is confirmed by increased volume. If the price corrects thereafter with smaller volume candles, it only means that the big hands that have entered or went long in the stock has not exited and this is just a small retest or retracement part. Keeping in mind the above learning, if we observe the chart, we can see that after falling for more than 2 years from its ATH levels, price took support at a zone which had acted as resistance for the price when price was trying to start its upward rally in 2011. Thereafter the price has been making higher highs and higher lows continuously - sign of an uptrend. The price was trading in an ascending channel pattern for last 9-10 months before giving a huge breakout from it on 03rd Feb. The breakout was confirmed by huge volume candle. It was a breakout from the trendline as well (a trendline formed by connecting three swing highs of past and then simply extending it further - as shown in image itself). Thereafter profit booking started in the stock and price started falling. But we can clearly see that price is trying to take support at that crucial zone. And the volume candle is also smaller. Hence, this can be just a retest before resuming its upward rally. Now on Monday, one can either wait for price to touch its support level (upper limit of channel or trendline) and then take entry. Or one can start accumulation between 248-258 range. SL can be placed either near 230 or for safe traders, they can put SL below the low of breakout candle, which is 213. First Target will be the next swing high (zone marked with green rectangle). Traders can thereafter trail their SL to ride the rally or book their profits and exit completely. Pls note that the above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management Feel Free to comment for any queries regarding the above stock or price action analysis in general. Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
NSE:BAJAJCONLong
by AdityaKarn90
2