BAJAJHIND has been making rounding the bottom. It is charted on a monthly time frame. In the last few weeks, it started making higher highs. Momentum is picking up in the price action and trending upward.
Monthly, weekly, and daily RSI is above 60.
Volume has increased significantly in the last 5 to 6 months and is being consolidated.
The chart pattern looks...
Bajaj Hind Sugar is ready to move out of 1 month old consolidation zone.
One may consider to enter at 25 and exit at 28.30 for a quick swing.
The stock is also ready to move out of 37 zone, supply zone sooner or later, if 37 zone is taken off in monthly, one can look for a good long term target of 100.
The 37 rs zone is a strong 12 year old consolidation...
Price has confirmed an Uptrend after violating a Monthly Supply and now is reacting to a Quarterly Demand which should take around a years time to achieve the benchmark of 4:1, the exit is tricky and if not exited @ given target profits may decline rapidly.
This trade will help u increase your savings, as its gonna take a years time due to Price coming from a...
