SDBL 316
TGT 500
SL 265
TF < 6M
RR > 3
NSE:SDBL
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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...
This was after being range bound for multiple years in 100-200-400 brackets
Plan
- Consider to Buy above 175
- and/ or Rejections near 125
PB 3x
PE 14x
ROCE 26%
DivYld 5%
Bajajcon closing above 200 day moving average. Trading in extremely right range, in a narrow range for 90 days. A definitive closing above 175 can begin new up rally. Just basic TA. Nothing more. Lets see how this one holds.
Bajaj 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...
