Bajaj Consumer Care looking strong on charts.BAJAJ CONSUMER CARE LTDNSE:BAJAJCONHappy_Candles_InvestmentBajaj Consumer Care Ltd. Closing price 229.51 engages in the manufacturing and marketing of cosmetics, toiletries, and other personal care products. Its brands include Bajaj Almond Drops, Bajaj Coconut Oil, Bajaj 100% Pure, Natyv Soul, Bajaj Nomarks, and Bajaj Brahmi Amla. Negative aspects of the stock is MFs decreased their holding in the stock in last quarter. Decline in net cash flow and high PE (25). Positive aspect of the company is that it is a company with no debt and Zero promoter pledge. Entry for paper trading can be taken after closing above 233. The resistances for the stock will be at 248, 262 and 283. The support or the stop loss in the stock can be maintained at 204 or 196 depending on your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.