Bajaj Healthcare Showing Strength, Crossing Key Levels after BO.

שלשום

BAJAJHCARE today closed strongly on weekly charts of the consolidation after a big breakout with heavy volumes and RSI and MACD are Showing Strength on the Weekly timeframe.

About the Company:
BAJAJHCARE manufactures a wide range of Active Pharmaceutical Ingredients and Formulations, It is focused on the development, supply, and manufacturing of Amino Acids, Nutritional Supplements and Active Pharma Ingredients for the Pharmaceutical, Nutraceuticals and Food industries.

Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade. With the recent base being crucial levels. It is now in Blue Sky Terriorty so have a small Position Size

Target(Take Profit):
805.80 Levels for Positional Trader.

Stop-Loss:
Around 535.95 For Swing Trade and Recent BO Base for Positional Trader.

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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.