Get started
johntradingwick

Bajaj Auto - 27% gain potential in positional trade

Long
BAJAJ AUTO LTD (NSE:BAJAJ_AUTO)  
johntradingwick Updated   
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Trend Analysis Chart Patterns Technical Indicators bajajauto swingtrade positionaltrade
13
0
trendanalysis chartpattern indicator bajajauto swingtrade positionaltrade
Key highlights:

1. Bounced off weekly demand zone
2. Took support from 200 MA
3. Formed the Morning star pattern on 200 MA + demand zone
4. Reclaimed the flip level
5. Bounced off from the psychological level of 3000

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
Trade closed: target reached:
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top

Related Ideas

johntradingwick
Nifty intraday setup - 31 January 2022
johntradingwick
HDFC Bank - Looking good for a swing trade
johntradingwick
Britannia - Looking good for a swing trade
johntradingwick
INFY - Possible Rebound in the coming week ?
johntradingwick
Introduction to Technical Analysis - Handbook for a layman
johntradingwick
Tata Steel - Beginning of new uptrend
johntradingwick
EIHOTEL - 30% gain potential
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.