BAJAJ AUTO 4700 ?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!!!
Bajajauto
bajaj auto breakout on daily chartbajaj auto macd possible to crossed above 0
rsi above 60
price 4643 acting as resistance likely to get breakout tomorow
Bajaj AutoAlready 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 capital at your own risk.
Bajaj Auto - 27% gain potential in positional trade 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 learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
Bajaj Auto Formed Shooting starBearishness 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.
Bajaj Finance Swing TradeDouble 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 chart.
Stoploss:
We can keep stoploss below the double bottom support zone .
Please like & follow me.
Bajaj Auto Roars TodayThe 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.
Heromotocorp Triple Bottom PatternHEROMOTOCO 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
BAJAJ AUTO - BULLISH
Pattern target is confirmed with the another pattern target
Overall we are bullish till 5300 - 5500
Thanks
Bajaj Auto trying to reach ATH…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 comingBAJAJ AUTO UP MOVE coming
if ABC completed
up trend may come,
or can again fall in correction
let's watch
CNXAUTO NIFTYAUTO Bullish 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. 8.47
Bajaj Auto Ltd. 7.42
Hero MotoCorp Ltd. 5.48
Tube Investments of India Ltd. 4.51
TVS Motor Company Ltd. 4.21
Ashok Leyland Ltd. 3.48
Bharat Forge Ltd. 3.37
Above stocks will do very well as they have a higher presence in the index
Also check out Gabriel India
Bajaj Auto Ltd_ Bullish_UptrendBajaj Auto Ltd will make the boom in 4 hours. It will be a short covering zone. Pay attention to the channel breakout.
BAJAJ AUTONSE:BAJAJ_AUTO
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BAJAJ AUTO FORMING BEARISH FLAGBajaj Auto is forming Bearish Flag in Daily Time Frame. One can sell Once it Crosses MA 50 i.e 3715 , As MA 50 have already crossed MA 100 , if it continues its downtrend it will cross MA 200. Targets are mentioned on charts. View invalidates if Prices move above channel.
BajajAutoBearish Wolfe wave with double top pattern.
For confirmation price has to go inside the channel signaling a false breakout scenario.
Bajaj Auto - Fibo retracementBajaj Auto is showing good movement. As per the FIBO I am expecting it to touch 3800 as first target and 3880 as second target.
Bajaj Auto - BullishStock currently holding Hourly Trend Line Support
Strong resistance or breakout area is at 3740-50
Break n pull back can take the stock to its next immediate resistance of upto 3900
Post that it may edge higher upto 4100
For conservative traders entry on pull back with Sl below 3720
For aggressive traders entry at break out of 3740 with trend line as trailing sl (approx 100 points)
BAJAJ AUTO 12.10.2022Stock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves.
When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause. There are many patterns used by traders—here is how patterns are made and some of the most popular ones.
