Buy idea in BAJAJ HEALTHCARE

anteontem

The D+W chart RSI is 60 above and Monthly RSI is near to 60 which is showing momentum in the stock. The stock is trading in a range since its listing in Oct 2021 to till date i.e almost 4 year consolidation. The major resistance is 500, If the stock crosses 500 range with good volumes and marubozu candle or king candle and sustain then the next target will be approx to 650 and 880 till next year. Range calculation method shows a target of 700.