Bajaj
Simple Trade Setup | BAJAJ FINANCE | 25-03-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 1day time frame, we can see a resistance channel.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see both resistance and support channel.
Please refer below chart : 15min Time Frame.
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Trade Setup for 25-03-2022
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 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 for very very long termAs we can see yellow trendline, i have shown how bears trapped bulls after touching trendline and fell two times but third time, this resistance trendline was finally breached upside. Now the thing is in monthly timeframe this trendline is never retested to bounce back and continue uptrend. So according to me, this line will be tested and work as extreme support and this time bulls will trap bears on this line as shown on chart. So, buy in delivery near 3106 for target of 5600. Also note that 3480 is very good support if we see in monthly timeframe. So, We can only see price action when this level is hit, target from here also will be 5600.
good luck
Simple Trade Setup | BAJFINANCE | 28-01-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 1 day time frame, it is taking support near from 200EMA and since last 3 days making lower lows.
Today it made doji candle. right now immediate support is at 200EMA which is placed at 6684.79 level range.
If it trades above Today's high then only it will be buy trade.
Please refer below chart : 1day Time Frame.
2) Please refer below chart : 15 min Time Frame.
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Trade Setup for 28-01-2022
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 Finserv Will Make One More Leg Down Before Marching UpwardBAJAJ FINSERV is forming in the descending channel.
After making the all-time high of 19325 , it has corrected 3000 points.
The descending channel has the highest value of 19325 and the lowest value of 16273 .
It has touched nine times on the control of descending channel.
Even if the control line has provided reversal, the breakout of the control line signals continuation of the trend.
Price is occurring value area box which shows control of the supply & demand. In this area, buyers and sellers are both satisfied with this price.
If the price gives a fake-out, traders can buy on the excess area for the targets of the control line of the value area box at 17275 and up to the upper band of the value area.
Simple Trade Setup | BAJAJ FINANCE | 03-01-2022 [ INTRADAY ]NSE:BAJFINANCE
Observations:
1) On 1 day time frame, it is just below the 21DMA which is placed at 6988.11 level
200DMA is placed at 6465.15 level which is major support.
If it trades above 21DMA then there will be chances of up move. But if it faces resistance then it will be down fall again.
So we can see that 6990-7000 will be major range. It will work as resistance if it trades below is and it will work as support if it trades above it.
Please refer below chart : 1 day Time Frame.
2) Also On 15 min time frame, we can see it finally trades and close above the range of 6875-6962 level range.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 03-01-2022
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.
Intraday opportunity in Bajaj financeHey guys, Here we can trace bajaj finance is trading between consolidating or sideways market from few days.
Here we can get intraday opportunity if it breaks it resistance of 6860 & support or 6940.
If market opens with positive note then we have to wait for potential breakout of 6940 with strong bullish candle.
Otherwise, market opens with negative note then we can get short selling opportunity with target of 6810.
BAJAJ ELECTRICALS BUY SIGNALBajaj Electricals on daily timeframe 1 year chart seen strong BUY signal today ..strong triangle breakout with very good volume up more then 7% at closing. chart shows stock corrected from 1600 odd level to around 950-970 level and bottom out that level, trend reversal confirm today's bullish candle .
Bullish histogram seen on chart .
co posted good quarter result in sept quarter compare to last few quarter so fundamentals is inline, latest guidance given by co officials is also positive and that result will be seen in near future
BUY BAJAJ ELECTRICALS cmp @1124.70
Target 1250-1450 ( 2-3 month )
Stop loss 950
Support -S , Resistance - R mention on chart.
please make own study and take a call ...hope this idea useful and profitable to your analysis .
HAPPY TRADING.!!
Simple Trade Setup | BAJFINANCE | 2nd Week Nov 2021 [ intraday ]NSE:BAJFINANCE
These levels are for this week of Nov 2021.
Observations:
1) On daily time frame, we can see that it took good support from 10DMA but closed below 21DMA.
10DMA is placed at 7545.32 level
and 21DMA is placed at 7676.76 level.
21DMA is immediate resistance while 10DMA is immediate major support now.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date 09-11-2021:
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 Positional Long/Buy Trade Setup | BAJAJ ELECTRIC | NSE:BAJAJELEC
This is only for positional trade. Short - mid term.
1) On daily time frame, we can see it sustain and took support from 200DMA.
Also closed above major support zone of 1075-1100 level range.
Please refer below chart : 1day Time Frame.
Keep your positional Trade with strict SL.