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bajaj corp preparing for uptrend

price volume chart
forum.valuepickr.com/uploads/default/original/3X/a/f/afb23e0461712126d71d96e3cbecc1a7bb4bf75e.png

economictimes.indiatimes.com/markets/expert-view/we-are-looking-at-acquisition-sumit-malhotra-bajaj-corp/articleshow/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
Bajaj corp- Wyckoff reaccumulation


the absorption idea..
evidence of absorption, downswing with laughable volumes


disclaimer... not an investing/trading reommendation

Supply and DemandTrend Analysis

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