Bajaj
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.
BAJAJ FINSERVHi guys, In this chart i Drew My Best Levels in BAJAJFINSERV for Shorting in Positional, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
BAJAJ ELECTRICALS||14-12-2022||SWING AND SHORT TERMI 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 line
**cmp:1148
In this chart, I can see good breakout of descending pattern
The Resistance Line was breached with very good candle.
keep following We will grow like healthy society.
Bajaj Finserv Very bullish BreakOut & Retesting DoneNSE: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
Bajaj Finance Price Action Analysis - Aug-2022In 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 pattern. The upper line is identified first, as running along with the highs and is called the trendline. When the price is around the upper trend line, look for short opportunities, although aggressive traders could trade long and short at both trend lines looking for a bounce or pullback.
From the chart above, we can clearly see that the trend is getting a break with good volume and a strong uptrend. It shows more bullishness in the current trend structure
Currently, Bjajaj FInance is at Rs7209. If the pattern continues, the price of Bajaj FInance might reach the resistance level of Rs 8041 If the trend reverses, then the price of Bajaj Finance may fall to Rs 5930
Bajaj Finance : 6,125 is the Key level for BullsBajaj 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 have a solid base for the counter to go up.
BAJAJ FINANCE - SELL SETUP on Hourly chartNSE: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 to be maintained for this trade setup.
Risk Reward is good enough and stop loss can be trailed in order to minimize risk if needed
Happy Hunting :)
Chintamani
Bajaj Finance Technical Analysis 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 Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Stock Name :- Bajaj Finance
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]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 mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 15min Time Frame, we can see a triangle pattern formation.
Please refer below chart : 15min time frame.
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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 mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Bajaj Auto Ltd Breakout !! 📈 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 of 3800 and 4000.
StopLoss should be kept at 3550.
It offers 1:2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Bajaj Finance - Short Term Buy 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 50, so above todays high it can go to higher levels easily.
Seems momentum is there.
Disc : Educational Purpose only.
Neo
Bajaj Auto AnalysisBajaj 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