-Bluest of the bluechips with a breakout in the offing
-60% upmove possible (post breakout)
-highest ever sales and PAT
-NNPA 0.37%
-diverse segments from retail finance to insurance
-public shareholding ⬇️in the last few quarters
Not 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.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to...
Bajaj 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...
👑Royal Trade👑
BAJFINANCE IMPORTANT LEVEL
We buy Call and my Target in VIDEO
Dont buy any trade without stop loss
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share...
Bajaj finance were forming Ascending Triangle and Gave a Breakout once but didn't sustain our the resistance level and breakout turn into fake breakout and now again price trending in a range...
Get full analysed video on our youtub chnnel very soon @influitive capital
Bajaj Electricals has been trading in a sideways pattern for the past 10 months, as shown in the chart. In May, it broke out of this pattern and started moving in a upward trend.
If we zoom in and look at a smaller time frame, we can see that another sideways pattern has formed within the larger pattern.
We have two options: we can wait for the price to break...
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs.
Ascending Channels: How to Trade This Technical...
Bajaj Finserv has formed a Double Bottom pattern, while RSI is making higher lows which is clear sign of RSI Bullish Divergence.
Entry:
We can go long on open of next candle.
Stoploss: (Never trade without a stoploss)
We can keep stoploss below the double bottom support zone.
Target:
We can keep the Target 1 & Target 2 near the next resistance zones as marked...
Add more as it comes down, Start with a good quantity here. In a year and half, it will reach the expected target following the trendline as slope.
Disclaimer: I am not a SEBI Reg. Analyst. Do your own research before investing or trading.
we can long Bajaj auto as per consolidation, morning star on bottom or trendline support and butterfly pattern on monthly time frame. In upcoming day we can see 20 % move in bajaj auto. cheers!!!
BAJAJ-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...
