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Bajaj

Bajaj Finance | Descending Triangle & Bear Flag observedBajaj Finance shows dual pattern. One is a Descending triangle pattern implying a bearish outlook and the other is a Bear flag indicating bearish continuation. Both the pattern looks valid by breaking the common price of confirmation at 3380. Descending Triangle: Depth of pattern looks to originate from 3760 towards the base of 3380, forming a considerable 380 points. Pattern is valid as price closed below 3380. Hence, technical target would be at 3000 based on the pattern. That accounts for a fall of little more than 10% from 3380. Bear Flag: Depth of pattern looks to originate from 3525 towards the base of 3380, forming 145 points. Pattern is valid as price closed below 3380. Technical target would be at 3235 according to this pattern. That accounts for a fall of little more than 4% from 3380. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
NSE:BAJFINANCEShort
by AkhilSuryaFS
1
The different angle of Bajaj Auto:Tail doesn't always mean that the price will reverse.If the second candle is long down from the tail it means that price will move down. The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price action. The market gives value to certain price areas. See daily chart the price is rotating it is in the value area. On weekly chart its support is still too far It will take a lot of time to reach its support. The control price is basically a pivotal support and resistance level inside the value area.
NSE:BAJAJ_AUTO
by Trade-Technique
14
BAJAJ AUTO PATTERNThere is a Harmonic Pattern in Bajaj Auto (CMP - 3020.10), BUY 10% Below 200 DMA - 1213.20 SELL 20% Above 200 DMA - 1693.2 Gain of 39.56% BUY 10% Below 200 DMA - 1453.50 SELL 20% Above 200 DMA - 2058.00 Gain of 41.59% BUY 10% Below 200 DMA - 1717.20 SELL 20% Above 200 DMA - 2553.60 Gain of 48.71% BUY 10% Below 200 DMA - 2069.10 SELL 20% Above 200 DMA - 3033.60 Gain of 46.61% BUY 10% Below 200 DMA - 2746.80 SELL 20% Above 200 DMA - TARGET Price of ₹3500 Unrealised Gain of 9.95% Go LONG on dips. Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or investment view.
NSE:BAJAJ_AUTOLong
by MunjalPatel
1
My PredictiveEngine's Intraday call(31-May-18)-BAJAJFINSV-LongBased on my PredictiveSystem's signals, its going to be a GREEN candle on 31-May-2018 for BAJAJFINSV Buy Above: 5973.9 for targets - T1: 6018.7 T2: 6045.6 T3: 6073.7 SL: 5926.1 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
NSE:BAJAJFINSVLong
by MuthiahM
1
My PredictiveEngine's Intraday call(09-May) - BAJAJ-AUTO - ShortBased on my PredictiveSystem's signals, today (09-May) its going to be a RED candle for NSE:BAJAJ_AUTO Sell below: 2884.7 Target-1: 2863.1 Target-2: 2850.1 Target-3: 2836.6 Stop loss: 2907.8 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
NSE:BAJAJ_AUTOShort
by MuthiahM