Good Fundamentals. Good cup and handle Pattern.
Bajaj Steel Industries Ltd manufactures cotton ginning and pressing machinery, pre-fabricated building structures, components and allied products. It is also engaged in the manufacturing of masterbatches under its plastic division.
Good and diversified product portfolio.
I think it's a hidden gem that will give you...
I have a bullish view on Bajaj Steel Industries (Short Term) once it breaks above 1301.
View is purely based on technofunda analysis.
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After few week of conoslidation, chart has given multipeak breakout on daily chart, if sustain above this level then we can see target of 400.
Target: 400+
Time frame: 3 months
Stop loss: 281
