Breaking out earlier resistance and maintain higher level. Good to buy when it sustained above its high or near 1200 range which is good support. Targets open Festive season ahead.
hourly timeframe for a better view on breakout retest pattern. also the stock has bounced from 20 EMA. looks good for the marked targets. red line below is the stoploss
TRADING LEVELS ARE MENTION ON CHARTS, BIG BREAKOUT ON WEEKLY CHARTS WITH REASONABLY GOOD VOLUMES . Big breakout on weekly chart with reasonably good volumes. Trading levels are mentions on charts.
NSE:BAJAJELEC All Details are given in the chart New Traders Should Learn Chart Patterns and Breakout strategies Used in the Given Trade Idea. Holding period will be 1-2 week Note - This Trade Idea is only for Educational Purpose We are/would not be responsible for Any Profits or loss of yours So Do your own research too.
Bajaj Electricals - Cmp 984 Looks good for long with sl 912 on closing basis. Reason: 1. Favorable risk reward as near to major support area. 2. Hidden bullish divergence
Stock has moved up after making double bottom and has broken the resistance zone to make new ATH. There are 2 possible scenarios mentioned in the chart for stock's future journey. Kindly wait for right levels before taking any trade. Intra - Buy if sustains above 1167 for 5-10 mins Swing - Need to wait for 15-30 min candle close above 1167
Bajaj Electric had a wonderful breakout on the last trading session with decent volume. can be taken entry on retest as the risk now looks higher. Trading at ATH.
buy above 1072 Sl below 1060 in Intraday
Near All Time High Near Breakout Use Appropriate Stop and Position Sizing
long when candle closes above pink line of channel plus blue line target is point D of bat pattern trade at your own risk
BE's uptrend is likely to continue till the time it holds 480 on daily or weekly closing basis. 800 + levels are expected by Dec 2021. Correction if happens towards 575-555 then it will present great opportunity to add in portfolio. Disc : It's not an investment advise to buy or sell
Go long for the targets of (523.7-533) / (596.5-610.5) with the support of 461
Baj Elect has broken its swing high and resistance, once broken 475 new high can be seen
BAJAJ ELECTRICALS is looking attractive buy at cmp 322, for target of 370 and 400, keep sl at 300.
Go long. Possible breakout after 573. MACD and Volumes are driving the trend.
Go Long for Bajaj Electrical. MACD and Volume following the trend. May go high if crosses 573 level.