Bajaj Consumer CMP - 192.30 Buy @ 190 - 195 / Stop Loss - 176 Target 1 - 205 Target 2 - 215 Target 3 - 230 Target 4 - Note: This is just for educational purpose only.
#BAJAJCONSUMER A Breakout from this Trend line in Daily TF would trigger good up movement Use in 15 mins TF for Intraday View Nuetral to Bullish
BAJAJ CONSUMER In ascending triangle pattern The stock is above 200SMA Watch for break out and trade. View Bullish
bajaj con can give break out from ascending triangle
A breakout from a symmetric triangle with good volume and the RSI has some space to get into the overbought category. On this line I reckon this stock can meet its first target in a week or two. A little bit of consolidation in the beginning of the week cannot be ruled out as well, which in fact, would be a healthier sign to accumulate.
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