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!!!
I AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Red dotted line--hidden resistance line
**Black up and down arrow--touches of support...
NSE:BAJAJFINSV given very Bullish Inverted Head & Shoulder BreakOut....
All the Detaiils are mentioned in the Chart....
STOPLOSS HOULD BE FOLLOWED ON DAILY CLOSSING BASIS.
This is not a recomendation...... This is only for educational perpose
Just to appriciate my effort please boost the post.
Thanks
In Daily time frame Bajaj Finance was observed in the Descending Broadening Wedge Pattern
A Descending Broadening Wedge Pattern is a chart pattern formed from two downward trendlines in the form wedge shape, above and below a price representing resistance and support levels. The Descending Broadening Wedge Pattern is also known as a falling broadening wedge...
Bajaj Finance (Daily)
1. XABCD - B is taken out means the Bearish harmonic Pattern is triggered.
2. Now it must defend 6,125 to chart ahead towards 6,400+ territory.
3. 6,125 (+/- 25) zone is a confluence of Fib + 7th March 2022 Low (Line Chart basis).
4. 25EMA and 21EMA are parallel (not yet merged) which will provide a base for the move upwards.
5. Thus we...
NSE:BAJFINANCE
BAJAJ FINANCE - SELL SETUP FOR SWING TRADE
Trade Maturity expected Time : 1-15 days
As we can see the market tried to make double top but facing pressure from sellers , hence we are looking for opportunity to sell in expected correction if at all happens towards potential targets.
Buy and sell levels are indicated on charts with stop loss...
Bajaj elect is on the verge of trend line break out, simultaneously horizontal resistance also lies there as donated is dotted line. Hence, good move may come above 1020 as double bottom is also done.
Hello Guys , Today I Have The Technical Chart of Bajaj Finance it is in the Parallel Channel from a few ago but now I think it will go Up because it has made a neutral signal after a very long bearish trend and now lets talk about the target . So its target could be 6149 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and...
NSE:BAJFINANCE
Observations:
1) On 15 min Time Frame, it has come out from the Resistance channel .
Please refer below chart : 15min time frame.
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Trade Setup for 30-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is...
NSE:BAJFINANCE
Observations:
1) On 15min Time Frame, we can see a triangle pattern formation.
Please refer below chart : 15min time frame.
-------------------------------------
Trade Setup for 23-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is...
📈 Bajaj Auto Ltd. 📉
This Stock broke out from a Resistance zone of 3640-3675 after testing three times. This Resistance zone has more importance because earlier in 2021 it was acting as support also as you can see in chart.
I am biased on long side though todays candle is not strong but for me closing is important.
On Buy Side I am looking for initial Targets...
Hi,
This is a daily chart. The chart looks promising, probably the last push from the BajajFinance.
Can buy above 7263.50, with a SL of 7096 and target of 8000.
The RR is around 1:4.
Currently, the Daily MACD is giving a very good buy signal and above todays high it will be a confirmed buy.
Also weekly Macd is also giving a buy...so double bonus.
RSI is also above...
Bajaj Auto looks bearish on Monthly TF by forming a shooting star and a bearish engulfing in Weekly TF and Bearish Divergence on RSI.
The Target & SL has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
NSE:BAJAJ_AUTO
Observations:
1) 15 min time frame chart for reference.
Please refer below chart : 15min Time Frame.
-------------------------------------
Trade Setup for 28-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I...
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]](https://s3.tradingview.com/j/JuencSfD_mid.png "Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]](https://s3.tradingview.com/5/57KjpEN7_mid.png "Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]")
![BAJAJ_AUTO: Simple Trade Setup | BAJAJ AUTO | 28-03-2022 [INTRADAY]](https://s3.tradingview.com/7/7XJD03ru_mid.png "Simple Trade Setup | BAJAJ AUTO | 28-03-2022 [INTRADAY]")