🧴 Bajaj Consumer Care – Major Multi-Year Breakout Setup

Chart Structure After nearly 4.5 years of sideways consolidation between ₹150 – ₹290, the stock is finally testing the upper boundary of its long-term range. This is a multi-year base formation — the kind of setup that often precedes a strong trend reversal. Key Technical Levels Support Zone: ₹150–₹160 Resistance Zone: ₹290 (major multi-year barrier) Potential Breakout Target: ₹425–₹450 (≈ +48% measured move) Pattern Insight This structure forms a massive Stage 1 → Stage 2 transition, or a rectangle base on the weekly timeframe. If the stock sustains above ₹295–₹300 weekly close, it could trigger a fresh uptrend targeting the ₹425+ zone — which coincides with 2018 supply levels. Momentum & Volume View Strong weekly momentum candles with above-average volume indicate accumulation before breakout. A close above ₹300 could confirm a multi-year breakout and attract institutional participation.