I hope you can now see how the Bajfinance represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
June Series Option can be tried.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
Bajaj Finance Bullish Pattern.
Chart Pattern indicates a Bullish move.
Support is around 3200
while resistance is around 3380.
We may see the level of 3430
in the near term.
Updated: 19 July 2020 11.00am
Disclaimer: Only for learning purpose
It seems like it experienced a pull back from some days, it could again rise upto 50% retracement in some days. Place strict stop loss and targets from the support and resistance lines drawn. See if it finds resistance at 1/3rd retracement level, if it crosses that level this will be a strong stock to take long position.
bajaj finance is trending in the market from past few weeks it has given many opportunities to buy the stock, here are some opportunities to get good profits the levels in the graph shows short lower trend but in the longer trend there is a big scope for the uptrend from the levels 3340-3200 is the down trend there is a longer positive trend if it touches the...
Bajaj Finance was recommended as a short candidate in morning
The pattern we observed in morning 5 minute candlestick chart is called Bearish Dark Cloud Cover . ...
If you translate that in Hindi, "Kaale Baadal Chha Gaye hai"...
Key Levels for BAJAJ FINSERV : INTRADAY CHART ANALYSIS
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.