Simple Trade Setup | BAJAJ AUTO | 25-10-2021 [ INTRADAY]NSE:BAJAJ_AUTO
Observations:
1) On daily time, it took support from 50DMA and and closed below 200DMA. Good thing is that today it went up above 200DMA.
And now stucked with green candle between 50DMA and 200DMA.
Breakout of 200DMA will give it good up move. 200DMA is placed at 3882.65.
50DMA will work as immediate support.
Also volume has been increasing in last 4 days.
Please refer below chart : 1day Time Frame.
2) On daily time frame, we can see the immediate critical resistance zone is from 3873-3885.
Please refer below chart : 1day Time Frame.
3) On 1hr time frame now the resistance line worked as support trendline. It took support from it today.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 25-10-2021:
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.
Bajaj
Simple Trade Setup | BAJFINANCE | 22-10-2021 [INTRADAY]NSE:BAJFINANCE
All the levels and trade setup remains same.
Trade Setup for Date 22-10-2021:
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 Trade Setup | BAJFINANCE | 21-10-2021 [intraday]NSE:BAJFINANCE
Observations:
1) On 1 day time frame, it managed to close above 21DMA after volatile session.
21DMA is placed at 7752.89 level.
Also if we apply FIB Retracement then we can see that it took good reversal from 61.80% level of FIB retracement.
As per FIB LEVEL Major resistance is at 7748. Breakout of the same will make it bullish.
Major Critical support is at 7584.70 level range.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 21-10-2021:
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 Trade Setup | BAJFINANCE | 19-10-2021NSE:BAJFINANCE
Observations:
1) On 1 day time frame, we can see that after opening gap up since last two days it is facing profit booking.
But good thing is that it took support from 10DMA and closed above 7850 level. Which is partially good sign for BAJFINANCE.
If we see in recent days, it spend very less days below 10DMA. Hence breakdown of 10DMA on daily time frame it will give bearish move for short time.
And if it sustain then we can see bullish move continue.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame, we can see it is trading in parallel uptrend channel.
It is near the support trendline of parallel channel. If it gets good support from it then it will be bullish till the resistance trendline of parallel channel.
If it breaks down support trendline of parallel channel then it will be bearish.
Please refer below chart : 1hr Time Frame.
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Trade Setup for Date 19-10-2021:
Most of the levels will remains the same as per previous setup.
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 AUTOThis stock has recently done breakout in daily time frame with good intensity of volume, and it looks like new impulse as a wave 3 has been started, as wave 3 unfolds we can see this stock at 4000 - 4200 levels, on down side 3830 is a crucial support which is 20 sma mid bollinger band and coincide 40 day ema, both are around same levels to watch out for.
breakout with good intensity of volume
current wave structure could be like this
macd in weekly uptick above zero line
macd in daily positive and uptick and also above zero line
rsi in daily above 60
dmi adx positive ungali setup in weekly
dmi adx positive ungali setup in daily
Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer
i am not sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing
BAJAJ FINANCE FULL TECHNICAL ANALYSISMonthly timeframe spining top.weekly consolidating.profit booking occur coming days upto 7000,6800.fresh buy above 8000 with strong volume.be cautious coming days.option side is favour of call writers 7800CE,8000CE.any reversal candle with strong volume downside we take 7500pe for option buyers
Simple Trade Setup | BAJFINANCE | 01-10-2021 [INTRADAY]NSE:BAJFINANCE
Observations:
1) If you rememer it had made head and shoulder pattern and gave breakdown of neckline from it on 30min time frame. Now today it has closed above the neckline and now this neckline will works as support.
Please refer below chart : 30 min Time Frame.
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Trade Setup for Date 01-10-2021:
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 respsective level considering how price action works near that level.
Simple Trade Setup | BAJFINANCE | 27-09-2021 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 30 min time frame, we can see that it will form head and shoulder pattern. And breakdown of neckline will give good selling opportunity.
Please refer below chart : 30min time frame.
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Trade Setup for Date 27-09-2021:
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 respsective level considering how price action works near that level.
Bajaj Auto Trade Setup For TomorrowBajaj Auto has already given the breakout, 3900 level was the strong resistance,
.
And Bajaj Auto share already broke the level on today.
.
So for tomorrow we can expect the good move and it wil more strong, once it goes above 4000,
.
Short term targets is 4200.
.
What's your view on this comment below in the box.
Simple Trade Setup | BAJFINANCE | 20-09-2021NSE:BAJFINANCE
Observations:
1) On Daily Time Frame: It has closing below 10DMA since last 4 days. And as per history, it remains below 10DMA for few days only. There may be case that it will break and will cross over it.
Please refer below chart : Daily time frame.
Just for reference.
Please refer below chart : 15time frame.
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Trade Setup for Date 20-09-2021:
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 respsective level considering how price action works near that level.
Swing Trading Opportunities for W/B 13-9-21TRADING WATCHLIST FOR W/B 13-9-21
INTENT
I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan.
ON MY WATCHLIST FOR W/B 13-9-21 --
This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week -
WEEKLY TIME FRAME- FOR LONG POSITIONS
BAJAJ AUTO
COAL INDIA
KOTAK BANK
SBIN
SHREE CEMENT
IDFC FIRST BANK
CHALET
DAAWAT
DHANUKA
GATI
GIC HOUSING
RAYMOND
VENKY’S
HDFC AMC
VAKRANGEE
AB CAPITAL
IDEA
ITC
REC LTD
There are plenty of opportunities out there even after NIFTY hitting 17300+. So, please review your fund position, have a look at the indicator that fits you well, and plan for investing / trading per your risk appetite.
SECTORS LOOKING GOOD FOR LONG POSITIONS-
AUTO
BANK NIFTY
CPSE
MEDIA
Clearly, there is a lesser number of sectors that are now offering good entry points in comparison to the earlier weeks. The reason is that either some of the sectors have witnessed retracement of price levels or many of them are way above a level from where a good RR trade could be initiated. BANK NIFTY seems to be the best bet for now.
Ideally, the best candidate would be the one that features in both the lists. I may / may not take these trades as not every opportunity should / can be traded.
I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so.
In case you are able to spot the set up and the trade basis, please do share so that together we can learn.
Thank you for your time and Happy Learning,
Umesh
12-9-21
Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
BAJAJFINANCE intraday setup and analysis🎇Hello Traders👋
Today i have made a post on BAJAJFINANCE 15m timeframe
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
Simple Trade Setup | BAJFINANCE | 06-09-2021NSE:BAJFINANCE
Observations:
1)On daily Time frame we can see that it has been holding the support of fib level provided earlier. which is placed near 7486 level. It is failing to close below it since last 3 trading days.
You can also refer the same level which was earlier provided by me in link at very bottom of this.
Any violation or daily candle close below 7486 will invite profit booking.
Please refer below chart : daily time frame.
2) On 15min time frame, we can see that it has been consolidating in a range since last 3 days. Breakout on either side will give a good movement.
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Trade Setup for Date 06-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
BAJFINANCE | WHAT NEXT ? NSE:BAJFINANCE
Please refer below daily chart for BAJFINANCE.
1) I can see 7486 level in short term, only if it maintains to stay above 6750 level then it will be sure buy trade. Then any dip above 6750 level will be buy opportunity.
2) Only one negative thing is that on daily chart RSI suggest 78.79 which is almost near to 80 and it can be consider as over bought. So I can expect profit booking and consolidation in coming days.
3) Any safe buy entry it will be better to let it get retraced/consolidated and don't have FOMO.
4) Another buy entry can be made only if it trades above today's closing and quick target can be today's high.
5) If you are looking to invest and hold for mid to long term then you can buy it with 50% of your planned capital at CMP and then another with 50% of your planned capital once it give dip above 6750 level.
Please refer below chart.
Breakout in BAJAJELEC NSE:BAJAJELEC
All Details are given in the chart
New Traders Should Learn Chart Patterns and Breakout strategies Used in the
Given Trade Idea.
Holding period will be 1-2 week
Note - This Trade Idea is only for Educational Purpose We are/would not be responsible for Any Profits or loss of yours
So Do your own research too.