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Bajajauto

🏍 Bajaj Auto Swing Trade Opportunity 🛺NSE:BAJAJ_AUTO 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 As One can see, This pattern is extended pattern, that's why stop loss quite big. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should take Stop Loss as closing basis. (PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame) PRZ 1 :- 3180 PRZ 2 :- 3165.5 SL :- 3051.85 (Closing Basis) Target 1:- 3226 Target 2:- 3278 Target 3:- 3349 and more Trailing basis Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Ask doubts in comments below. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:BAJAJ_AUTOLong
by linesandlevels
Where will Bajaj Auto head to ?Where will Bajaj Auto head to ? Reasons/Traits : • Bullish Bat Harmonic Pattern formation is seen (Uptrend) • Bear flag pattern is seen (Downtrend) • Todays close is exactly at 200 EMA and taking 3rd time support on the Bear flag pattern channel (Support) • Last 3 candle sticks form three black crows candle stick pattern (Downtrend) • Recent swing retracement took support at 0.382 Fib levels (Downtrend) What can happen next : Scenario 1 : Stock can give a breakdown of the flag pattern to reach 3650/3450/3170 Scenario 2 : Stock can move up taking support at 200 EMA or at 3650 level to reach 3800/4030/4260/4350 Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
NSE:BAJAJ_AUTO
by AdhigamaTrading
Bajaj Auto Seems more Bearish Again nowDear All, If you have a look on chart where Share Price had break it's major support at 3473 and closed at 3444. Now as per my analysis, this share will decline more towards 3300 level now where as it has a support at 3368 level but most likely it will break that level as well and reason are as below:- Reason for such prediction - #1 ) On RSI, it forms a Lower Highs and Lower Lows pattern which shows that next support for RSI is on 16% now, where as currently it is trading at 25%. If RSI needs to test it's support level at 16% then share price will have to decline up to 3300 levels. #2 ) Exclusion of Bajaj Auto from BSE Sensex, where Wipro will replace it. #3 ) Dip in Export Vehicle sales due to chip shortage problem. Note - This Post is just for education purpose only, please do your analysis before taking any trade on my idea's.
NSE:BAJAJ_AUTOShort
by Stock_Market_View
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. ------------------------------------- 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.
NSE:BAJAJ_AUTO
by Trading_hawk