capsule91

bajaj corp preparing for uptrend

شراء
NSE:BAJAJCORP   None
price volume chart
forum.valuepickr.com...cbecc1a7bb4bf75e.png

economictimes.indiat...cleshow/65485549.cms
an article from 21st aug, margins are going to see pressure as the lag to see the crude really hurting such a company is finally over… although, the q2 is supposed to be good in vol and value terms, and the demand tragectory form the target market-rural india , is ontrack of revival and finally sense of acquisition with total cost of acquisition arounf 700-800cr, with 1to 1 cash debt ratio of funding…

previous ideas-
this is actually at the lps formation of a 3 year wyckoff reaccumularion as mentioned in this idea

the absorption idea..

disclaimer... not an investing/trading reommendation

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