Bajaj Electricals on daily timeframe 1 year chart seen strong BUY signal today ..strong triangle breakout with very good volume up more then 7% at closing. chart shows stock corrected from 1600 odd level to around 950-970 level and bottom out that level, trend reversal confirm today's bullish candle .
Bullish histogram seen on chart .
co posted good quarter result in sept quarter compare to last few quarter so fundamentals is inline, latest guidance given by co officials is also positive and that result will be seen in near future
BUY BAJAJ ELECTRICALS cmp @1124.70
Target 1250-1450 ( 2-3 month )
Stop loss 950
Support -S , Resistance - R mention on chart.
please make own study and take a call ...hope this idea useful and profitable to your analysis .
HAPPY TRADING.!!
Bullish histogram seen on chart .
co posted good quarter result in sept quarter compare to last few quarter so fundamentals is inline, latest guidance given by co officials is also positive and that result will be seen in near future
BUY BAJAJ ELECTRICALS cmp @1124.70
Target 1250-1450 ( 2-3 month )
Stop loss 950
Support -S , Resistance - R mention on chart.
please make own study and take a call ...hope this idea useful and profitable to your analysis .
HAPPY TRADING.!!
Komen:
TARGET 1- 1250 HIT ..........as on 15-12-2021
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