Bajaj
BAJFINANCE BUYI hope you can now see how the Bajfinance represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BAJAJFINSV CAN RETRACE BACK FROM A PULLBACKIt seems like it experienced a pull back from some days, it could again rise upto 50% retracement in some days. Place strict stop loss and targets from the support and resistance lines drawn. See if it finds resistance at 1/3rd retracement level, if it crosses that level this will be a strong stock to take long position.
Bajaj Finance share analysis for short and long term bajaj finance is trending in the market from past few weeks it has given many opportunities to buy the stock, here are some opportunities to get good profits the levels in the graph shows short lower trend but in the longer trend there is a big scope for the uptrend from the levels 3340-3200 is the down trend there is a longer positive trend if it touches the 3200 level. this level may act as a strong support and if it falls the below levels then the down trend will continues.
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Bajaj Finance: Morning trade recommendation analysisBajaj Finance was recommended as a short candidate in morning
The pattern we observed in morning 5 minute candlestick chart is called Bearish Dark Cloud Cover . ...
If you translate that in Hindi, "Kaale Baadal Chha Gaye hai" ;-)
The dialogue says it all, what to expect next, isn't it.??
The dialogue is used to depict not so good things to expect. So In Market what is not so good thing to expect...???
The answer is simple, it means the stock is poised to fall, and that is precisely what we have seen today and made the most from it...
So when ever you see this pattern, remember it is a sign to be cautious...
Do not just follow but learn from it as well...!!!
Happy learning...!!!
BAJAJ FINSERV KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020Key Levels for BAJAJ FINSERV : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5488
FIRST TARGET~5551
INTERIM RESISTANCE~5585
FINAL RESISTANCE~5621
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LOWER BREAKOUT~5434
FIRST TARGET~5411
INTERIM SUPPORT~5381
FINAL SUPPORT~5351
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.