**BAJAJCO (Bajaj Consumer Care Limited) Technical Analysis**
BAJAJCO appears to be concluding its corrective WAVE 4 on the daily timeframe chart, having completed the ABC wave structure. The stock is now poised to initiate its WAVE 5 of the Motive wave.
Our recommendation is a BUY at the current market price (CMP) with a Stop Loss (SL) set at 206 (based on 2 consecutive daily candle closes below the SL level). We anticipate an initial target range of 274-283, presenting an upside potential of 32% with a controlled risk of 5%.
This trade setup offers an attractive Risk-Reward Ratio of 1:6.38, aligning with the expectation of WAVE 5 development. Traders are advised to monitor the stock closely and execute trades in line with their risk tolerance and overall market analysis. #BAJAJCO #TechnicalAnalysis #StockMarket #TradingOpportunity