Bajajauto
SENSEX Levels // 2 Hours
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Support Levels:
First Support: 80,950
Second Support: 80,700
Third Support: 80,450
Resistance Levels:
First Resistance: 81,200
Second Resistance: 81,450
Third Resistance: 81,700
These levels are derived from technical analysis and can help identify potential entry and exit points for trading
Dixon & Bajaj-Auto Showing High Rise in Future OIDIXON
Following a significant upward trend, the stock price experienced a correction and later established a Double Bottom pattern.
Recently, a breakout occurred, backed by strong volume, suggesting that the price is set for further gains.
Additionally, a notable increase in future open interest—nearly 11%—has been recorded.
This rise in both stock price and future open interest signals that big investors are optimistic about this stock.
As long as the price remains above the 12,900 level, the overall sentiment is likely to stay positive.
BAJAJ-AUTO
During the upward movement, the price experienced a brief consolidation phase, resulted in the formation of a Rounding Bottom pattern.
Recently, a breakout occurred, supported by significant volume, suggested that the stock price is poised to maintain its upward trajectory.
Moreover, there has been a remarkable surge in future open interest, climbed nearly 19%.
This increase in both the stock price and future open interest indicates that big investors are bullish about this stock.
As long as the price remains above the 10,000 level, the overall sentiment is likely to stay positive.
BAJAJ AUTO GETTING PREPARED FOR ANOTHER RALLYBajaj Auto is currently near it's ATH, and is getting ready for another rally in short term. The target is calculated using the ABCD pattern of Harmonics. Current daily candle tried to break ATH level but gave a closing below it. So, candle closing above 8700 will decide whether it will move upside or not. However, this is a perfect example of price action of a bullish market!
Bajaj Auto positional trading ideaBreakout done with an average volume. If the next candle crosses above the breakout candle, it may go upside further.
the trend is strong bullish.
Disclaimer : All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and assets. Do your own analysis or consult your financial advisor before making any investment decision.
Bajaj Auto Ltd - Long Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 6186
Next Resistance is at 7865
Support is at 4506
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BAJFINANCE can fall or consolidate hereNot holding this stock. Posting this idea to try and predict stock movement
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
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BAJAJ AUTO for 30% (approx..)GainBajaj Auto is showing ATH breakout on monthly chart with good amount of volume. Marubozu candle on ATH show's great strength of the stock. The probability of success is approx 80-90% according to the previous data. Please do not forget the Disclaimer and Disclosure.
CMP : 4431
TG : 5600
SL : candle's low
R/R : 3 times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Marubozu candle , Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
Disclosure : Holding
BAJAJ AUTO Why I Exit long Position💸🤑👑Royal Trade👑
BAJAJ AUTO
We buy Call and my Target is 5100
Dont buy any trade without stop loss
Should I buy Bajaj Auto share?
Bajaj Auto has TTM P/E ratio 20.35 as compared to the sector P/E of 17.54. There are 43 analysts who have initiated coverage on Bajaj Auto. There are 9 analysts who have given it a strong buy rating & 12 analysts have given it a buy rating. 5 analysts have given the stock a sell rating.
#What is the future of Bajaj Auto?
Key information
Auto earnings growth 14.4%
Revenue growth rate 11.5%
Future return on equity 27.3%
Analyst coverage Good
What is the result of Bajaj Auto q1 2024?
Bajaj Auto Ltd on Tuesday reported an 42% year-on-year rise in its net profit for the fiscal's first quarter ended June (Q1FY24) to ₹1,664.77 crore. The company had reported a profit of ₹1,173.30 crore in the year-ago period. Sequentially, consolidated net profit was rose 16% from ₹1,432.88 crore in Q4FY23.
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
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#This channel Purpose to share market ideas.
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BajajAuto - InsideCandle BreakoutBajajAuto a very simple setup giving multiple inside candle breakout on daily tf with a pop out above the open high candle of 27th Feb. Volumes are also on higher side and has closed above all important EMA's by crossing them over in a single day, Looks like it can test recent swing highs very easily if momentum sustains. Keep this setup in radar
Breakout Analysis: BAJAJ Auto Reaches All-Time HighOverview
BAJAJ Auto has given a beautiful breakout of its all-time high with impressive trading volume.
Currently trading at an all-time high, this presents an exciting trading opportunity.
Today's candle is notably bullish, signaling strong potential for gains.
Why It Matters
Breakout : When a stock breaks through a key resistance level (like an all-time high), it often signifies a bullish trend.
Volume : High trading volume confirms the strength of a breakout.
Bullish Candle : A bullish candle indicates that buyers are in control and prices may continue to rise.
Remember
This analysis is for educational purposes only , and I am not a SEBI registered analyst.
Always conduct your own research and consider your risk tolerance.
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Auto Sector Move is pretty much doneClassic exhaustion signs in leading Auto stocks - TVS, Bajaj Auto, Tatamotors. Move to better sectors. Great results and sell off indicate one thing - mutual fund managers have been expecting good results and selling them right after results.
Move to other sectors, mid cap names - leading stocks look exhausted
Wait for another base to be formed - but stay away for now
Do not attempt to short as we are still in a bull market
Bajaj Auto - Ascending Channel An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs.
Ascending Channels: How to Trade This Technical Pattern
Ascending channels are a common technical pattern that can be used to trade stocks, currencies, and other financial instruments. This pattern is characterized by two parallel lines, with the upper line representing resistance and the lower line representing support.
Traders can use ascending channels in a number of ways. One popular strategy is to buy a stock when it reaches the lower trend line and sell when it nears the upper trend line. This strategy can be used to ride the uptrend in a stock's price.
Another way to trade ascending channels is to look for breakouts. When a stock's price breaks above the upper trend line, this is a sign that the uptrend is accelerating. Traders can buy a stock at this point and ride the breakout to even higher prices.
Conversely, when a stock's price breaks below the lower trend line, this is a sign that the uptrend is losing momentum. Traders can short a stock at this point and profit from the decline in price.
There are a few things to keep in mind when trading ascending channels. First, it is important to use other technical indicators to confirm the pattern. For example, traders could look for an increase in volume or a breakout on higher time frame charts.
Second, it is important to manage risk. When trading ascending channels, traders should use a stop-loss order to protect their profits. This order will sell a stock if the price falls below a certain level, preventing further losses.
Finally, it is important to be patient when trading ascending channels. This pattern can take time to develop, so traders should not expect to get rich quick.
Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s






















