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Bajajelectricals

BAJFINANCE can fall or consolidate hereNot holding this stock. Posting this idea to try and predict stock movement Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:BAJFINANCEShort
by Munish_Jain
Keep Bajaj Electricals in Radar.Bajaj Electricals has been trading in a sideways pattern for the past 10 months, as shown in the chart. In May, it broke out of this pattern and started moving in a upward trend. If we zoom in and look at a smaller time frame, we can see that another sideways pattern has formed within the larger pattern. We have two options: we can wait for the price to break out in multiple time frames, or we can make a smart move by taking a trade when the price retests its support level around 1223. We can consider waiting for the price to retrace and then take a trade, aiming for a potential gain of 7%. To manage risk, we can place a small stop loss. Why small Stop Loss ? Because trade have all the possibilities to fall further if it breaks it support and can come all the way to its Bigger support level. If it breaks out in a multi time frame, I will update in trading hour.
NSE:BAJAJELEC
by BullishLine
BAJAJELECBAJAJELEC:- Wait for the breakout, plan something only after it, almost after 1.5 years the stock will give breakout Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:BAJAJELECLong
by AjayDhakad_Keep_it_simple
4
BAJAJ ELECTRICALS||14-12-2022||SWING AND SHORT TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment. This is only for educational purpose you can also share your thoughts on the comments \\Representation: **Green dashed line--Supportive line **Red dashed line--Resistance line **Red dotted line--hidden resistance line **Black up and down arrow--touches of support line **cmp:1148 In this chart, I can see good breakout of descending pattern The Resistance Line was breached with very good candle. keep following We will grow like healthy society.
NSE:BAJAJELECLong
by Purushothg19
Bajaj Electricals - May soon reverseKey Highlights: 1. Bounced off from the previous support level. 2. Sellers unable to push the price below the psychological level of 1000. 3. Some increase in volume. 4. Continuous Bullish divergence. 5. Look for pullbacks on lower time frames and enter accordingly. 6. Good movement expected on closing above 1100. 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:BAJAJELECLong
by johntradingwick