vikasbhekare

BAJAJ HINDUSTAN SUGAR LTD is looking bullish.

Long
NSE:BAJAJHIND   BAJAJ HINDUSTHAN S
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.
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