Bajaj Hind Ready for Upside? Long Entry Hourly Analysis✅ Formation:
The pattern consists of two distinct troughs (bottoms) at a similar price level.
A resistance level (neckline) forms between the two bottoms.
✅ Confirmation:
A breakout occurs when the price moves above the neckline.
Volume should increase during the breakout for strong confirmation.
✅ Entry & Stop-Loss:
Entry: After the price breaks above the neckline with strong momentum.
Stop-Loss: Below the second bottom to manage risk.
BAJAJHIND trade ideas
BAJAJ HIND SUGAR good Long 10% ROIBajaj 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 supply zone, the RSI also indicates a strong up swing.
BAJAJ HINDUSTHAN SUGAR LEVELS FOR SWING TRADING 18/06/2024STOCKS FOR SWING TRADING (SHORT TERM) 18/06/2024
NO.4
#BAJAJHIND
Buy Price - 40 (CMP 41)
SL - 35
TARGET - 50, 60 (25 - 50%)
@jagadheeshjp
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Bajaj Hindustan - On Sugar Rush :)Bajaj Hindustan Sugars is in Super Bullish Mode off late. Let's compare the Weekly Vs Quarterly pattern below
On Weekly:
1. Price is about to BO of Rounding Bottom Pattern above 40.5 for Target of 54
2. Fibonacci 0.618 retracement for Targets of 42, 50
On Monthly:
1. Inv Head and Shoulder BO confirmed on Monthly for Target of 54 (which is matching the Rounding Bottom BO on Weekly)
2. Larger Rounding Bottom BO pending above 40.5 for Target of 78
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Buy BajajHind and Hold Looking very strongBuy BajajHind @CMP
Target of 40-42-47-50-60-68-77-93-102
SL 13
Strategy : SBO + RSI > 60 + EMA above 20, 50, 200
Duration few Weeks to Months
Please consult your financial advisor before investing
All research for educational purposes only.
Stock is ready to cross past barriers with good volumes
BAJAJ HINDUSTAN SUGAR LTD is looking bullish.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 like a cup, and the break line is crossed with a fair volume.
One can quickly enter small trades, but there is a potential in investment trade.
It going to give 13 years Breakout!Bajaj Hindustan (Ethanol/Sugar Company)
if it sustain above 35 then I'm bullish in this for 100% gain.
It'll going to give 13 years breakout.
Keep an eye on this.
NOTE: We are not SEBI registered. It's for knowledge purpose only. Consult to your financial adviser before take any trade.
BAJAJHIND BuyBuy=30.75
Target=35(Adjustable)
Stop=26.70
"Before considering a purchase, it's advisable to conduct your own analysis. However, with approximately an 80% chance indicating a favorable buying opportunity for this stock based on current market trends and analysis, conducting thorough research could validate its potential for growth and profitability."
BAJAJHIND - Bajaj Hindustan S - An opportunity to BuyAs per technical analysis and company's fundamental analysis, I suggest to buy this stock ABOVE 28 and hold for Bigger profit
All major points & downward levels mentioned on chart
Do your own research because I am not SEBI registered person and this is my personal opinion about this stock
Thanks for your support as always