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Shravster

Bajaj Consumer Trading Idea

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BAJAJ CONSUMER (NSE:BAJAJCON)  
Shravster  
NSE:BAJAJCON   BAJAJ CONSUMER
Chart Patterns trianglebreak Ascending Triangle
13
5
chartpattern trianglebreak ascendingtriangle

Breakout from ascending triangle. About 7x volumes on breakout. Stock has had good delivery volumes as well.
Enter above 200
T1 : 218.5
T2 : 238
SL : 185
Not a very exciting risk-reward ratio but given the clear breakout with good delivery volumes as well as a moving average golden cross, I believe it is a good trade.

Thanks!
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