we can long Bajaj auto as per consolidation, morning star on bottom or trendline support and butterfly pattern on monthly time frame. In upcoming day we can see 20 % move in bajaj auto. cheers!!!
Stock has been a consolidation phase since FEB - 21. Stock is looking to break its all time highs after 2 years hence the breakout can be with force. Wait for the breakout to sustain and then trade the stock according to the plan given. Disclaimer - Please trade as per your risk taking capabilities. Stock trading is a business and not a get rich quick scheme. ...
Perfect Negative Divergence In Bajaj Auto Book Longs
bajaj auto macd possible to crossed above 0 rsi above 60 price 4643 acting as resistance likely to get breakout tomorow
Bajaj Auto is showing RSI Divergence. In short term Price might goes down from here.
channel pattern formed in bajaj auto. breakout approx. target 20%
Already 29% up since the time I originally shared the positional idea. - It is giving a weekly breakout and is at ATH as well. - Expect higher prices in the coming weeks. - Pullbacks should be seen as buying opportunities. The original idea for reference: Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your...
Key highlights: 1. Bounced off weekly demand zone 2. Took support from 200 MA 3. Formed the Morning star pattern on 200 MA + demand zone 4. Reclaimed the flip level 5. Bounced off from the psychological level of 3000 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy...
Downtrend trendline broken in Bajaj auto Limited..........
Bearishness appears overpowering the stock fueled by weak sales data for entire Q4, when compared to YTD. 6th April's candle indicating bears in power with long wick, which is also coinciding with Harmonic Potential Reversal Zone with some buffer points. With Above the High of 6th April as SL, downside moves may be witnessed on chart in coming sessions. Let's see.
Double Bottom Pattern is formed on daily chart while the RSI is making higher lows which is sign of RSI Bullish Divergence . We can take a swing trade here. Entry: We can go long after close of strong bullish candle near the support zone . Target: We can keep the target near the resistance zone which will be also the neckline of W pattern as marked on...
The stock has hit its resistance today, but looks like the 2 target above the resistance line will also be taken out. Only for learning purpose.
HEROMOTOCO is near support zone on hourly chart. Entry We can go long when price makes strong bullish candle near support zone. Target Target will be the next resistance zone, as marked on the chart. Stoploss Stoploss will be below the support zone. Please Like and Follow Me
Pattern target is confirmed with the another pattern target Overall we are bullish till 5300 - 5500 Thanks
NSE:BAJAJ_AUTO Price filled the gap and Finds support at 50% retracement level. Profit booking seems to be done…. Chances to cross 4,000 level.
BAJAJ AUTO UP MOVE coming if ABC completed up trend may come, or can again fall in correction let's watch
I am extremely bullish on CNXAuto/NIFTYAUTO! It is forming a flag pattern Making higher highs with correcting RSI Current consolidation might last few more months Target 16000 Currently correcting on 4M timeframe Top constituents by weightage Mahindra & Mahindra Ltd. 20.36 Maruti Suzuki India Ltd. 19.97 Tata Motors Ltd. 11.67 Eicher Motors Ltd....
Bajaj Auto Ltd will make the boom in 4 hours. It will be a short covering zone. Pay attention to the channel breakout.