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.
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...
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...
Bajaj Auto looks good to buy around 3850-3800 Range and can more if you get near the green trendline. Hold Bajaj Auto for upper targets marked on the chart until we lower green trendline is intact on a daily closing basis. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Bajaj auto has formed a cup and handle pattern and with the recent rise in the auto sector, this stock can continue to move in an uptrend! Enter after a retest
BAJAJ AUTO auto gave a break of its previous higher high so can expect next target 4000 if BAJAJ AUTO close above 4020 next target will be 4200 support like and follow
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish breakout with volume. Relative strength of the stocks seems to be crossing above which indicates strength. Moreover, RSI above 60 indicates bullish momentum. SL: 3800.
BAJAJAUTO including all other auto stocks has fallen severely. All of them has formed a base for more than a month. Range is going to break soon. Buy- Accumulate near 3700 Sl- 3600 Target-4050 4250
∘ Bajaj auto Analysis ∘ Demand zone forms before an uptrend
Buy BajajAuto target 4049 because it now on its major support and it's target is resistance which is 4049.
BAJAJ AUTO is maintaining its uptrend structure by continuously making higher lows. It ahs completed a pullback to its 20 EMA and has closed with a positive candle today and decent volume. Keep watch on it for upward continuation, target would be achieved if it breaks above 4300 on a closing basis. Initiate trade only when price sustains above 4200 for at least 15...
With an upside of 196 points Bajaj Auto has given a good breakout on daily chart. Trade with caution.
Sell if sustains below 3625 for the targets of 3560 and 3510 until 3685 is saved on the upside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
The stock might fill its gap in upcoming session. These are my personal Views and trade as per your own analysis.