Get started

Bajaj-auto

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. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BAJAJ_AUTOLong
by TraderRahulPal
2
BAJAJ-AUTOBAJAJ-AUTO:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:BAJAJ_AUTOLong
by AjayDhakad_Keep_it_simple
Swing Trading Opportunities for W/B 13-9-21TRADING WATCHLIST FOR W/B 13-9-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan. ON MY WATCHLIST FOR W/B 13-9-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS BAJAJ AUTO COAL INDIA KOTAK BANK SBIN SHREE CEMENT IDFC FIRST BANK CHALET DAAWAT DHANUKA GATI GIC HOUSING RAYMOND VENKY’S HDFC AMC VAKRANGEE AB CAPITAL IDEA ITC REC LTD There are plenty of opportunities out there even after NIFTY hitting 17300+. So, please review your fund position, have a look at the indicator that fits you well, and plan for investing / trading per your risk appetite. SECTORS LOOKING GOOD FOR LONG POSITIONS- AUTO BANK NIFTY CPSE MEDIA Clearly, there is a lesser number of sectors that are now offering good entry points in comparison to the earlier weeks. The reason is that either some of the sectors have witnessed retracement of price levels or many of them are way above a level from where a good RR trade could be initiated. BANK NIFTY seems to be the best bet for now. Ideally, the best candidate would be the one that features in both the lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the set up and the trade basis, please do share so that together we can learn. Thank you for your time and Happy Learning, Umesh 12-9-21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:BANKNIFTY
by AVENUESOFINVESTMENT
Positional View of Nifty50 Stocks for 24-11-20ADANIPORTS - Current Position is Sell, sold on 2020-11-19 at 387.09. Action for Next Trading Day: Continue SHORT and reverse to LONG if ADANIPORTS closes above 380.61 ASIANPAINT - Current Position is Buy, bought on 2020-11-23 at 2168.82. Action for Next Trading Day: Continue LONG and reverse to SHORT if ASIANPAINT closes below 2177.59 AXISBANK - Current Position is Sell, sold on 2020-11-19 at 619.00. Action for Next Trading Day: Continue SHORT and reverse to LONG if AXISBANK closes above 604.50 BAJAJ-AUTO - Current Position is Buy, bought on 2020-11-20 at 3034.61. Action for Next Trading Day: Continue LONG and reverse to SHORT if BAJAJ-AUTO closes below 3064.18 BAJAJFINSV - Current Position is Buy, bought on 2020-11-02 at 5601.40. Action for Next Trading Day: Continue LONG and reverse to SHORT if BAJAJFINSV closes below 8474.17 BAJFINANCE - Current Position is Buy, bought on 2020-11-20 at 4589.90. Action for Next Trading Day: Continue LONG and reverse to SHORT if BAJFINANCE closes below 4710.88 BHARTIARTL - Current Position is Sell, sold on 2020-11-23 at 478.57. Action for Next Trading Day: Continue SHORT and reverse to LONG if BHARTIARTL closes above 481.47 BPCL - Current Position is Buy, bought on 2020-11-23 at 389.94. Action for Next Trading Day: Continue LONG and reverse to SHORT if BPCL closes below 387.49 BRITANNIA - Current Position is Buy, bought on 2020-11-19 at 3503.92. Action for Next Trading Day: Continue LONG and reverse to SHORT if BRITANNIA closes below 3548.40 CIPLA - Current Position is Buy, bought on 2020-11-23 at 741.65. Action for Next Trading Day: Continue LONG and reverse to SHORT if CIPLA closes below 744.55 COALINDIA - Current Position is Buy, bought on 2020-11-23 at 122.74. Action for Next Trading Day: Continue LONG and reverse to SHORT if COALINDIA closes below 121.23 DIVISLAB - Current Position is Buy, bought on 2020-11-20 at 3442.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if DIVISLAB closes below 3517.27 DRREDDY - Current Position is Buy, bought on 2020-11-23 at 4707.09. Action for Next Trading Day: Continue LONG and reverse to SHORT if DRREDDY closes below 4786.47 EICHERMOT - Current Position is Sell, sold on 2020-11-19 at 2566.10. Action for Next Trading Day: Continue SHORT and reverse to LONG if EICHERMOT closes above 2621.47 GAIL - Current Position is Buy, bought on 2020-11-20 at 93.90. Action for Next Trading Day: Continue LONG and reverse to SHORT if GAIL closes below 99.61 GRASIM - Current Position is Sell, sold on 2020-11-23 at 853.16. Action for Next Trading Day: Continue SHORT and reverse to LONG if GRASIM closes above 859.10 HCLTECH - Current Position is Buy, bought on 2020-11-20 at 813.95. Action for Next Trading Day: Continue LONG and reverse to SHORT if HCLTECH closes below 831.48 HDFC - Current Position is Sell, sold on 2020-11-19 at 2336.00. Action for Next Trading Day: Continue SHORT and reverse to LONG if HDFC closes above 2273.47 HDFCBANK - Current Position is Buy, bought on 2020-11-20 at 1383.93. Action for Next Trading Day: Continue LONG and reverse to SHORT if HDFCBANK closes below 1382.33 HDFCLIFE - Current Position is Buy, bought on 2020-11-20 at 657.11. Action for Next Trading Day: Continue LONG and reverse to SHORT if HDFCLIFE closes below 649.40 HEROMOTOCO - Current Position is Buy, bought on 2020-11-23 at 3024.60. Action for Next Trading Day: Continue LONG and reverse to SHORT if HEROMOTOCO closes below 3038.20 HINDALCO - Current Position is Buy, bought on 2020-11-23 at 217.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if HINDALCO closes below 215.74 HINDUNILVR - Current Position is Buy, bought on 2020-11-23 at 2140.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if HINDUNILVR closes below 2121.32 ICICIBANK - Current Position is Sell, sold on 2020-11-19 at 490.00. Action for Next Trading Day: Continue SHORT and reverse to LONG if ICICIBANK closes above 473.75 INDUSINDBK - Current Position is Buy, bought on 2020-11-23 at 836.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if INDUSINDBK closes below 826.28 INFY - Current Position is Buy, bought on 2020-11-20 at 1106.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if INFY closes below 1128.79 IOC - Current Position is Buy, bought on 2020-11-23 at 85.50. Action for Next Trading Day: Continue LONG and reverse to SHORT if IOC closes below 85.92 ITC - Current Position is Buy, bought on 2020-11-19 at 185.61. Action for Next Trading Day: Continue LONG and reverse to SHORT if ITC closes below 189.49 JSWSTEEL - Current Position is Buy, bought on 2020-11-20 at 332.97. Action for Next Trading Day: Continue LONG and reverse to SHORT if JSWSTEEL closes below 334.13 KOTAKBANK - Current Position is Buy, bought on 2020-11-17 at 1788.44. Action for Next Trading Day: Continue LONG and reverse to SHORT if KOTAKBANK closes below 1879.03 LT - Current Position is Buy, bought on 2020-11-17 at 1077.15. Action for Next Trading Day: Continue LONG and reverse to SHORT if LT closes below 1109.36 M&M - Current Position is Buy, bought on 2020-11-17 at 639.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if M&M closes below 688.33 MARUTI - Current Position is Sell, sold on 2020-11-19 at 7019.66. Action for Next Trading Day: Continue SHORT and reverse to LONG if MARUTI closes above 7030.57 NESTLEIND - Current Position is Buy, bought on 2020-11-19 at 16858.21. Action for Next Trading Day: Continue LONG and reverse to SHORT if NESTLEIND closes below 17567.85 NTPC - Current Position is Buy, bought on 2020-11-19 at 89.27. Action for Next Trading Day: Continue LONG and reverse to SHORT if NTPC closes below 92.47 ONGC - Current Position is Buy, bought on 2020-11-23 at 72.06. Action for Next Trading Day: Continue LONG and reverse to SHORT if ONGC closes below 75.19 POWERGRID - Current Position is Buy, bought on 2020-11-19 at 185.54. Action for Next Trading Day: Continue LONG and reverse to SHORT if POWERGRID closes below 193.14 RELIANCE - Current Position is Buy, bought on 2020-11-23 at 1951.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if RELIANCE closes below 1933.71 SBILIFE - Current Position is Sell, sold on 2020-11-19 at 852.92. Action for Next Trading Day: Continue SHORT and reverse to LONG if SBILIFE closes above 838.40 SBIN - Current Position is Sell, sold on 2020-11-19 at 247.80. Action for Next Trading Day: Continue SHORT and reverse to LONG if SBIN closes above 243.68 SHREECEM - Current Position is Buy, bought on 2020-11-20 at 23827.30. Action for Next Trading Day: Continue LONG and reverse to SHORT if SHREECEM closes below 24088.44 SUNPHARMA - Current Position is Buy, bought on 2020-11-23 at 505.05. Action for Next Trading Day: Continue LONG and reverse to SHORT if SUNPHARMA closes below 510.06 TATAMOTORS - Current Position is Sell, sold on 2020-11-19 at 168.34. Action for Next Trading Day: Continue SHORT and reverse to LONG if TATAMOTORS closes above 175.06 TATASTEEL - Current Position is Buy, bought on 2020-11-03 at 407.50. Action for Next Trading Day: Continue LONG and reverse to SHORT if TATASTEEL closes below 533.22 TCS - Current Position is Buy, bought on 2020-11-19 at 2637.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if TCS closes below 2707.88 TECHM - Current Position is Buy, bought on 2020-11-20 at 829.00. Action for Next Trading Day: Continue LONG and reverse to SHORT if TECHM closes below 855.33 TITAN - Current Position is Sell, sold on 2020-11-23 at 1344.09. Action for Next Trading Day: Continue SHORT and reverse to LONG if TITAN closes above 1359.78 ULTRACEMCO - Current Position is Buy, bought on 2020-11-20 at 4812.61. Action for Next Trading Day: Continue LONG and reverse to SHORT if ULTRACEMCO closes below 4842.51 UPL - Current Position is Buy, bought on 2020-11-20 at 418.79. Action for Next Trading Day: Continue LONG and reverse to SHORT if UPL closes below 423.57 WIPRO - Current Position is Buy, bought on 2020-11-20 at 344.41. Action for Next Trading Day: Continue LONG and reverse to SHORT if WIPRO closes below 353.71
NSE:NIFTY
by AstroAnalytica
2
BAJAJ AUTO PATTERNThere is a Harmonic Pattern in Bajaj Auto (CMP - 3020.10), BUY 10% Below 200 DMA - 1213.20 SELL 20% Above 200 DMA - 1693.2 Gain of 39.56% BUY 10% Below 200 DMA - 1453.50 SELL 20% Above 200 DMA - 2058.00 Gain of 41.59% BUY 10% Below 200 DMA - 1717.20 SELL 20% Above 200 DMA - 2553.60 Gain of 48.71% BUY 10% Below 200 DMA - 2069.10 SELL 20% Above 200 DMA - 3033.60 Gain of 46.61% BUY 10% Below 200 DMA - 2746.80 SELL 20% Above 200 DMA - TARGET Price of ₹3500 Unrealised Gain of 9.95% Go LONG on dips. Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or investment view.
NSE:BAJAJ_AUTOLong
by MunjalPatel
1
My PredictiveEngine's Intraday call(09-May) - BAJAJ-AUTO - ShortBased on my PredictiveSystem's signals, today (09-May) its going to be a RED candle for NSE:BAJAJ_AUTO Sell below: 2884.7 Target-1: 2863.1 Target-2: 2850.1 Target-3: 2836.6 Stop loss: 2907.8 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
NSE:BAJAJ_AUTOShort
by MuthiahM