TradingView
RoyRishu
May 9, 2020 2:10 PM

Bajaj Finance good for swing trades short selling going to 1971 Long

BAJAJ FINANCE LTDNSE

Description

I think bajfinance will see a upward movement to 2066 may be 2107 but won't break the trend line are market is in bearish mode i think this is a good opportunity for both intraday and swing trading for intraday if it sustains above its current level and starts to move up and i think this can happen as it was near a good support so long for intraday but have close look on resistences and for swing traders i think it is a sell to 1971 best buy would be near the both resistence look for the trend line too in hourly chart too
for swing traders moving averages are also showing sell as 100EMA is below 200EMA and 50EMA is below 100EMA and the prices are taking support on 50EMA and prices are below that so a good opportunity for swing traders

suggest me more stocks that i should analyse i am still learning

Trade closed: target reached

Comments
narayanan7727
It is a surprise and astounding to note,that many of the share Techs. persons undervalue the people's favourite share of bajaj finance. The COY HAS very good board members,to look after the daily affairs of the COY to aim for decent profits.In comparison with banks private and public, it is far better In earnings.To the market it has adjusted itself by more than 50%HENCE,the prediction,by the techs are always goes wrong.I hope it will touch between 2400 and 2500 in NEAR future.Every prediction by the techs always goes wrong with other shares too.
narayanan7727
Thanks for opening the site
TheDeliveryTechAnalysis
Please tell us for state bank of India and federal bank
RoyRishu
@harsharora07, I have done the analysis of both of them you can see and if you find any error or any suggestions you can comment in that and also if you want any more stocks to be analysed i will try i am still learning
polash555
@RoyRishu, very good work together we can move forward in this trading world by sharing our views and crosschecking it.
RoyRishu
@polash555, yes that is why i am trying know my mistakes because there is always someone doing better analysis
More