BAJAJ AUTO weekly time frame multiple harmonic pattern formation good long candidate
BAJAJ_AUTO is taking support on weekly chart by forming bullish candle. If starts trading above 3365, good opportunity for long position. Trader should keep SL 3222 on closing basis. First target might be 3470. So keep eye on Bajaj Auto for low risk high reward trade.
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...
Bajaj Auto important levels for long term investment Level 3 = 3338 Level 2 = 2485 Level 1 = 1905
Bajaj Auto has broke a trend line. It can now go bullish, enter once it breaks 200 EMA on 15 min time frame. Place logical Stop-loss . The probability could less because the market is too much volatile now a days.
Bajaj Auto Harmonic Pattern. Lets see will it follow??
Dear 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...
Simple Analysis..............................................................................................................................
Chart wise double top break down potential exit on weekly charts and any 3447 previous swing low broken Could see more downfall. The momentum on short term and medium term has entered bear zones .Trend Indicators also bearish on all timeframes. Bollinger band spill out happened on weekly charts as well indicator bearishness ahead. Entry could be on daily on breach...
long now with very good risk to reward, maintain stop of only 3617 on close basis for target of 3828-3970
Bajaj Auto Limited trading in Triangle pattern. wait for the breakout
NSE:ASHOKLEY #ASHOKLEY Consolidating @ Resistance and trying to BO the level, Post BO may result good positive momentum. Post sustainability above the level may try 145 CE If swing changes start falling down side may try 140 PE. Check out todays charts and results to practice the levels. Happy Trading !!
Buy Above BajajAuto 3770 Target 3950/4250 Stoploss 3670 Market now cmp 3751 wait for level Educational Purpose Only
NSE:BAJAJ_AUTO #BAJAJ_AUTO Trading @ Support zone and facing rejection from the level, Sustainability have high chances to bounce. Post confirmation, may try 3780 CE. Happy Trading !!
NSE:BAJAJ_AUTO at support and in up trend results are good note: im not sebi registered guy
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...
This stock has recently done breakout in daily time frame with good intensity of volume, and it looks like new impulse as a wave 3 has been started, as wave 3 unfolds we can see this stock at 4000 - 4200 levels, on down side 3830 is a crucial support which is 20 sma mid bollinger band and coincide 40 day ema, both are around same levels to watch out for....
BAJAJ AUTO: A breakout above 4048 with good volume breakout then we can chase for 4200 as initial Target. A further breakout above 4212 can push it till 4400. Need assurance with volume breakout before making an entry. Stop Loss once breakout happens can be kept at 3940 below and further on next candle's low for safe trading.