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Bajajautoanalysis

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.
NSE:BAJAJ_AUTOLong
by sudeeptalayek
Bajaj Auto Technical studies For Swing TradersBajaj auto looks bearish in the daily timeframe chart. On Tuesday, It has given a breakout but couldn't hold the supply pressure at the upper trendline of the correction parallel lines. The breakout became fakeout! Bajaj auto has created a big belt candle and started falling. According to past performance, If the trend is weak, then the price will make set of bearish candles. Swing traders can wait for the breakout of the trendline of the wedge pattern. If it breaks down the lower trendline of the wedge pattern, we can expect a good downfall. Targets: 3603 - 3525 - 3386 and more. Invalidation: Breakout of the parallel channel. Thank you! Money_Dictators Disclaimer: This is NOT investment advice. Invest your capital at your own risk .
NSE:BAJAJ_AUTO
by Money_Dictators
2
Bajaj Auto Ltd Breakout !! 📈 Bajaj Auto Ltd. 📉 This Stock broke out from a Resistance zone of 3640-3675 after testing three times. This Resistance zone has more importance because earlier in 2021 it was acting as support also as you can see in chart. I am biased on long side though todays candle is not strong but for me closing is important. On Buy Side I am looking for initial Targets of 3800 and 4000. StopLoss should be kept at 3550. It offers 1:2 Risk Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:BAJAJ_AUTOLong
by ShelendrAgrawal
Simple Trade Setup | BAJAJ AUTO | 28-03-2022 [INTRADAY]NSE:BAJAJ_AUTO Observations: 1) 15 min time frame chart for reference. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 28-03-2022 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
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