All the levels and trade setup remains same.
Trade Setup for Date 22-10-2021:
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...
bajaj finance currenty 2 times facing 8000 level.
Now when its come 3rd time its not an important level as resistance for me.
its currently did pattern "cup & handle "
8% immidiate target .
our stoploss is7600
buy in its green zone.
Explanation : This is a 15 min time frame chart of BAJFINANCE . We using 50 & 200 EMA strategy , It has taking 50 EMA Resistance If stock continue downtrend move we can easily achieve our target 200 EMA . It has formed a pattern , What kind of pattern it is ?? let me know in comment below 👇
If you like this analysis of Stock give a Like // Follow , let me know...
1) On 1 day time frame, we can see that after opening gap up since last two days it is facing profit booking.
But good thing is that it took support from 10DMA and closed above 7850 level. Which is partially good sign for BAJFINANCE.
If we see in recent days, it spend very less days below 10DMA. Hence breakdown of 10DMA on daily...
There has been a significant uptick in retail loans sanctioned by the over all finance industry. Also with the economy recovering from the sluggishness, will improve the NPA and give additional income in the form of interests to the finance companies.
Bajaj Finance which is ascending slowly, is struggling to give a close above 8000 level. As soon as it gives a...
Hello guys i had find this trade setup which is in good trendline support and ready to break peanut pattern we can buy after breakout safe side or if you are risk taker we can but now at cmp with below candle sl and above trendline resistance tg also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow for...
EXPLANATION : This is a 30 min time frame chart of BAJFINANCE . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on BAJFINANCE . If give a strong breakdown and broke its trendline support & demand zone with high volumes and...
EXPLANATION : This is a 15 min time frame chart of BAJFINANACE , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates...
1) If you rememer it had made head and shoulder pattern and gave breakdown of neckline from it on 30min time frame. Now today it has closed above the neckline and now this neckline will works as support.
Please refer below chart : 30 min Time Frame.
1) On 30 min time frame, we can see that it will form head and shoulder pattern. And breakdown of neckline will give good selling opportunity.
Please refer below chart : 30min time frame.
Trade Setup for Date 27-09-2021:
1) Don't Jump in to...
NIFTY 50 EOD ANALYSIS -21-09-21
O / H / L / C
17450.5 / 17578.35 / 17326.1 / 17562
H-L = 252 points
VIX 16.52 / -5.55%
FII DII: Not available till 1950h Is more likely to be moderately positive.
SGX NIFTY at 1940h - 17536 -25points
Likely open: Flat to mild positive.
CHART BASED CONCLUSIONS - 15 Minutes Chart
A gap-up opening failed to...
1) On Daily Time Frame: It has closing below 10DMA since last 4 days. And as per history, it remains below 10DMA for few days only. There may be case that it will break and will cross over it.
Please refer below chart : Daily time frame.
Just for reference.
Please refer below chart :...