Bajaj Finance on the Move!The stock had been consolidating for quite some time, forming an ascending triangle within the pattern. I've marked a critical resistance zone, and a weekly close above this level could indicate a breakout signal. The move has already begun—let’s see how it unfolds! 🚀
Given Bajaj Finance’s strong fundamentals and robust business model, it's definitely a stock worth keeping an eye on. Fun fact: Did you know Bajaj Finance is one of the largest and most trusted NBFCs in India with a diversified lending portfolio across retail, SME, and commercial segments? 🔍
Are you tracking this potential breakout too? Share your views below! 📊
Bajaj
Bajaj Auto Ltd.: Descending Wedge - Breakout or Breakdown?Bajaj Auto Ltd. is currently trading within a descending wedge pattern, indicating potential consolidation or a breakout scenario. Here’s the technical breakdown:
Key Observations
Descending Wedge:
The price is narrowing, with lower highs and lows, signaling reduced selling momentum.
Support Zone:
₹8,800–₹8,900 serves as a strong support level. A breakdown below this could lead to further downside.
Resistance Levels:
₹9,262.90: Immediate resistance.
₹9,642.45 and ₹9,995.55: Higher levels to watch in case of a breakout.
Trade Outlook
Bullish View:
A breakout above the wedge’s upper trendline signals upward momentum, targeting ₹9,262 and beyond.
Bearish View:
A breakdown below ₹8,800 could push the price to ₹8,600 or ₹8,400.
BAJAJ FINSERV LTD - LARGECAP STOCK FOR LONG TERMCan Enter at 1515
if again falls then you need to average at 1210 level
Target - 2030,2400
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bajajfinance 10k ?Hi
This stock is consolidation from a long time since 2021, forming a ascending triangle pattern which is a good sign. this stock have a good potential to go up as per fundamentals too.
We can accumulate this stock with a last swing stop loss which is around 6200
and we can same thing in bajaj finserv this stock is in uptrend during the time period of bajaj housing
you can share your views in comment.
Thanks
After falling 25% Nifty50 stock is giving good entry to go long Hello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought Bajaj-Auto stock which has fallen 25% from all time high and now trading at importance support zone, There is higher probability for reversal from these levels. It is giving good entry for short term to long term traders and investors.
Bajaj Auto, the flagship company of Bajaj Group, is a two-wheeler and three-wheeler manufacturing company that exports to 79 countries across several countries in Latin America, Southeast Asia, and many more. Its headquarter is in Pune, India.
It has acquired 48% of the KTM Brand which manufactures sports and super sports two-wheelers, which was 14% in 2007 when the company first acquired KTM.
Market Leadership:-
The company is the 2nd-largest player in the domestic motorcycle segment in terms of volume. It is the largest 3W producer in the world and the largest exporter of 2W and 3W from India.
Manufacturing Capacity:-
The company has five manufacturing plants, of which two are in Chakan and one each in Waluj, Akurdi, and Pantnagar, with a total installed capacity of 7.1 million units per annum.
Expansion:-
In FY24, the company set up a new plant in Brazil with an initial capacity of 20k units/ month that commenced commercial production on Jun 24. It will incur capex of Rs. 600 Cr -Rs. 700 Cr in FY25-FY26, largely towards maintenance activities.
Vehicle Financing:-
Its wholly-owned captive financing company Bajaj Auto Credit Ltd. commenced business in Maharashtra and Goa on 1st Jan 24 and expanded to Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Rajasthan, and Gujarat. It plans to cover all the balance states by FY25. On Apr 24, the board approved additional investment in BACL of Rs. 2250 Cr, in addition to the existing Rs. 600 Cr approved earlier, to fund its expansion plans.
Market Cap
₹ 2,72,363 Cr.
Current Price
₹ 9,753
High / Low
₹ 12,774 / 5,285
Stock P/E
36.9
Book Value
₹ 1,109
Dividend Yield
0.80 %
ROCE
33.5 %
ROE
26.5 %
Face Value
₹ 10.0
Industry PE
64.6
Debt
₹ 5,245 Cr.
EPS
₹ 263
Promoter holding
55.0 %
Intrinsic Value
₹ 3,891
Pledged percentage
0.01 %
EVEBITDA
25.8
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
10.7 %
Sales growth 5Years
8.13 %
Return over 5years
25.2 %
Debt to equity
0.17
Net profit
₹ 7,371 Cr.
ROE 5Yr
21.8 %
Profit growth
7.74 %
Earnings yield
3.64 %
PEG Ratio
3.46
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Bajaj Hind SugarBajaj Hind Sugar best opportunity investment
Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small.
Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six distilleries with a capacity to produce 800 kilo liters per day (KLPD) of industrial alcohol.
Power Generation: The company generates power from bagasse, a byproduct of sugarcane crushing. It owns 14 co-generation plants with a total power generating capacity of 449 MW.
Byproducts: BHSL produces various byproducts from its manufacturing processes, including molasses, bagasse, fly ash, press mud, and bio-compost/bio-manure products.
Investor Relations: BHSL remains committed to protecting investor interests through strong financial performance and profitability. The company consistently works on enhancing its operational and financial efficiencies.
Bajaj Hind SugarBajaj Hind Sugar best opportunity investment
Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small.
Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six distilleries with a capacity to produce 800 kilo liters per day (KLPD) of industrial alcohol.
Power Generation: The company generates power from bagasse, a byproduct of sugarcane crushing. It owns 14 co-generation plants with a total power generating capacity of 449 MW.
Byproducts: BHSL produces various byproducts from its manufacturing processes, including molasses, bagasse, fly ash, press mud, and bio-compost/bio-manure products.
Investor Relations: BHSL remains committed to protecting investor interests through strong financial performance and profitability. The company consistently works on enhancing its operational and financial efficiencies.
Symmetrical Triangle Pattern followed by chart from 20/11/2020Interesting! Symmetrical Triangle pattern started on 20th Nov 2020 and stock is wondering in this pattern till 14th July 2024. We are waiting for a breakout but can't expect a huge target because it started long ago. If it breaks after the white line is marked on both sides, I have given an expected level. It's a probability that it will follow the levels. It's a Bajaj Finserv Ltd chart on your Radar.
BAJFINANCE can fall or consolidate hereNot holding this stock. Posting this idea to try and predict stock movement
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
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BAJAJ AUTO for 30% (approx..)GainBajaj Auto is showing ATH breakout on monthly chart with good amount of volume. Marubozu candle on ATH show's great strength of the stock. The probability of success is approx 80-90% according to the previous data. Please do not forget the Disclaimer and Disclosure.
CMP : 4431
TG : 5600
SL : candle's low
R/R : 3 times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Marubozu candle , Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
Disclosure : Holding
BAJFINANCE BUY CAL OPTION TODAY 👑🤑👑Royal Trade👑
BAJFINANCE IMPORTANT LEVEL
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