Bajaj Finace : Ascending Triangle pattern on weekly chart Chart is self explanatory.
1. Stock has been consolidating for last 3 years which is a very good sign .
2. Revenue and profits are growing at a great pace (Revenue & Net profit : all time high).
Target : ~10600
Stoploss : ~6500
Time frame : 1-1.5 years
All the best
Bajajfinance
Bajaj Finance on the Move!The stock had been consolidating for quite some time, forming an ascending triangle within the pattern. I've marked a critical resistance zone, and a weekly close above this level could indicate a breakout signal. The move has already begun—let’s see how it unfolds! 🚀
Given Bajaj Finance’s strong fundamentals and robust business model, it's definitely a stock worth keeping an eye on. Fun fact: Did you know Bajaj Finance is one of the largest and most trusted NBFCs in India with a diversified lending portfolio across retail, SME, and commercial segments? 🔍
Are you tracking this potential breakout too? Share your views below! 📊
Bajaj Finance - Rock Steady and SafeA long multi year consolidation is coming to an end. In turbulent times in the market it is always a good move to fall back on the very safe bets for long term.
Fundamentally:
- Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 17.23%
- Healthy long term growth as Operating profit has grown by an annual rate of 22.46%
- The company has declared Positive results for the last 13 consecutive quarters
- PBDIT(Q) Highest at Rs 11,752.25 cr.
- PBT LESS OI(Q) Highest at Rs 5,396.34 cr.
- PAT(Q) Highest at Rs 3,999.73 cr.3
- High Institutional Holdings at 35.96%
With its market cap of Rs 4,71,254 cr, it is the second biggest company in the sector (behind Life Insurance) and constitutes 10.77% of the entire sector. Its annual Sales of Rs 62,278.71 are 2.83% of the industry
Bajaj Finserv: Is a Major Move Coming?Introduction:
Bajaj Finserv Limited, a leader in India’s non-banking financial services and insurance sector, has consistently captured investor interest with its diversified offerings. From technical patterns signaling an impending move to its robust financial performance and macroeconomic tailwinds, this analysis provides a 360-degree perspective on the stock.
Technical Analysis:
The weekly price chart of Bajaj Finserv reveals significant levels and patterns:
1. Formation: Ascending Triangle and Support Trendline
• The stock is confined within an ascending triangle, respecting trendline supports.
• Key support levels include ₹1,458 (close to the 200-week EMA) and ₹1,607 (50-week EMA).
• Resistance lies near ₹1,800; a breakout could lead to a rally toward ₹2,000–₹2,200.
2. Moving Averages: Support Zones
• 200-Week EMA (₹1,458): Indicates strong long-term support.
• 50-Week EMA (₹1,607): A pivot for medium-term trends.
3. Fibonacci Retracement Levels:
Based on the price move from ₹900 to ₹1,750 in 2022, a 38.2% retracement around ₹1,480 has acted as a strong demand zone.
4. Volume Patterns:
Spikes in buying volume near ₹1,450–₹1,600 zones signal strong institutional support.
Bullish Triggers:
• Sustained breakout above ₹1,800 can lead to potential targets of ₹2,200–₹2,500.
Bearish Risks:
• Breach of the ₹1,458 support could take the stock toward ₹1,300, intensifying selling pressure.
Fundamental Analysis:
1. Revenue and Profit Performance:
• Bajaj Finserv reported total revenue growth of 18% YoY in Q2 FY2025, reaching ₹17,920 crore, driven by its lending and insurance verticals.
• Consolidated net profit grew by 25%, touching ₹1,800 crore, indicating robust profitability across segments.
2. Business Segments:
• Bajaj Finance: Delivered exceptional growth, aided by higher loan disbursements in retail and SME sectors.
• Insurance Businesses: Recorded a growth of 30% in Gross Written Premium (GWP) YoY in both life and general insurance.
3. Key Metrics (Q2 FY2025):
• EPS (Earnings Per Share): ₹50.85, growing 23% YoY.
• GNPA (Gross Non-Performing Assets): Stable at 1.12%, showcasing asset quality strength.
• ROE: ~16.8%, reflecting superior capital efficiency.
4. Financial Ratios Comparison:
Metric Bajaj Finserv Industry Average
P/E Ratio ~30x ~28x
Price-to-Book (P/B) ~4.2x ~3.5x
Dividend Yield ~0.24% ~0.60%
Market News and Developments:
1. Positive Catalysts:
• Bajaj Finserv’s proposed asset management business (AMC) is set to boost diversification. Regulatory approvals are awaited, but investor confidence remains high.
• Digitalization Strategy: Over 70% of customer acquisition in FY2025 came from digital platforms, solidifying its position in fintech.
• Insurance Growth Potential: Rising insurance penetration and expanding middle-class demographics in India.
2. Challenges to Watch Out For:
• Global Headwinds: The possibility of slower global economic growth in 2025 could affect financial markets and investment income.
• Rising Competition: Increased competition in the NBFC space might impact margins.
Bullish and Bearish Scenarios:
Bullish Case (Targets: ₹2,200–₹2,500):
1. Sustained breakout above ₹1,800 with strong volume confirmation.
2. Continued growth momentum in revenue and profitability, coupled with positive macroeconomic support like a potential rate cut by the RBI.
Bearish Case (Risk: ₹1,300 or lower):
1. Break below ₹1,458 could intensify selling and lead the stock to revisit its June 2022 lows.
2. Unanticipated macro events, like regulatory actions or NPAs rising above expectations, could derail long-term bullish sentiment.
Investment Outlook:
Bajaj Finserv combines growth in lending, insurance, and soon-to-be asset management operations. From a technical standpoint, the current price level offers a pivotal moment for traders. Fundamentally, it remains one of the stronger NBFC players in the sector, backed by operational stability and a growing customer base.
Disclaimer:
The analysis provided is for informational and educational purposes only. It does not constitute financial advice, a recommendation, or an endorsement of any specific investment or strategy. Consult your financial advisor before making investment decisions. The author holds no responsibility for potential gains or losses incurred from your trades.
Hammer Candlestick Pattern on support zone in Bajaj FinanceHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a short term swing Trading Idea in Bajaj finance. Stock have formed hammer candlestick pattern on perfect support zone, Bajaj finance stock is trading inside the triangle pattern and chances are very high that we can see this towards upper resistance of triangle pattern which i plotted on chart above. Overall i feel stock should rise from here and no double over the period if we can see most awaited breakout in Bajaj Finance.
Technically stock is looking good for swing trade, and also if anybody wants to think for long term can take entry as chances are high that this time after spending some time we will see finally breakout in it. Please follow strictly stop loss which i mention above on chart, it will save you if something goes against to our analysis.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
MACDIf MACD is above the signal line, the histogram will be above the MACD's baseline or zero line. If MACD is below its signal line, the histogram will be below the MACD's baseline. Traders use the MACD's histogram to identify peaks of bullish or bearish momentum, and to generate overbought/oversold trade signals.
The difference between the two lines is represented on the histogram. If the MACD were to be trading above the zero line, it would confirm an uptrend, below this and the indicator would be used to confirm a downtrend.
BAJFINANCE - Ready To Bounce from LongTerm Support AreaThe chart shows Bajaj Finance Ltd. forming a 3-year long ascending triangle pattern, a bullish continuation setup.
Key observations:
1.Consistent higher lows indicate strong buyer support along the long-term uptrend line.
2.A bullish hammer candlestick suggests a potential reversal near the support level.
3.The stock has also formed a triple bottom near long term support making a confluence area.
bajajfinance 10k ?Hi
This stock is consolidation from a long time since 2021, forming a ascending triangle pattern which is a good sign. this stock have a good potential to go up as per fundamentals too.
We can accumulate this stock with a last swing stop loss which is around 6200
and we can same thing in bajaj finserv this stock is in uptrend during the time period of bajaj housing
you can share your views in comment.
Thanks
BAJAJ FINANCE - SWING TRADE ON SHORT SIDESymbol - BAJFINANCE
BAJFINANCE is currently trading at 7800
I'm seeing a trading opportunity on sell side.
Shorting BAJFINANCE Futures at CMP 7800
I will be adding more position if 8000 comes & will hold with SL 8220
Targets I'm expecting are 7450 - 7225 & 7050
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BAJAJ HOUSING FINANCE IN A BUYING ZONE SO YOU CAN LOOK ONCE Bajaj Housing Finance In A buying Zone With Good Fundamentals So Buyers Are Active Anytime And its make New All Time High So You can Look Once And can Add In Your Portfolio With Advise of Your Financial Advisor .
So Look The Company More Potential To Groww Rapidaly .
Bajaj Finance LtdAll important points are marked.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
BAJFINANCE // Levels // 1 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
👑BAJFINANCE👑
Daily support: 7146.03, 7196.52, 7269.03
Daily resistance: 7392.03, 7442.52, 7515.03
Pivot levels: R1: 7,392.03, R2: 7,442.52, R3: 7,515.03
According to equitypandit.com, Bajaj Finance is considered strong if it trades above 6,707.66 levels.
According to moneycontrol.com, 100% of users recommend buying Bajaj Finance.
BAJAJ FINANCE LOOKING STRONG FOR SWING TRADEBajaj finance is looking good and holding its near resistance levels and above Trend line but Overall market segments are little breaish.
my overview in Bajaj finance is bullish if Price give confirmation.
If nifty retrace more but Bajaj finance holds this level and give a break upside then we can see a good upmove
Bajaj Finance cmp 7317.15 by Weekly Chart viewBajaj Finance cmp 7317.15 by Weekly Chart view
- Support Zone at 6700 to 6800 Price Band
- Resistance Zone at 7600 to 7700 Price Band
- Falling Resistance Trendline Price Breakout done and needs to sustain for fresh upside
- Price Breakout momentum supported by the good Volumes traversing over Rising Support Trendline
- Weekly basis Support seen at 6850 > 6240 > 5620 with the Resistance seen at 7875 > ATH 8192 price levels
- Sliding Bullish Head & Shoulders done mixed with past repeat Bullish Rounding Bottoms indicative of a good breakout in the making process*
#BAJAJFINANCEANALYSIS #BAJAJFINANCE#BAJAJFINANCE is done on upside but is still think it can try for one more ATH before it goes into decent correction till it holds 6438 level. How high it can go? Once it breaks 8192 level, at least 9430 level & can also attempt 10,000 odd psychological level. At the present i have shared support & upside level . Lets have more price action to predict further levels.
BAJFINANCE 1 day Levels (S/R)# we mark Support and Resistance on the charts so you can check..
Here’s a general example of the type of news you might find for Bajaj Finance:
Quarterly Earnings: “Bajaj Finance reports a 15% increase in net profit for Q1 2024, driven by robust loan growth and improved asset quality.”
Strategic Initiatives: “Bajaj Finance announces a strategic partnership with a fintech company to enhance digital lending capabilities.”
Market Movement: “Shares of Bajaj Finance rose by 3% following positive earnings forecasts and strong quarterly performance.”
BAJFINANCE levels 4h (S/R)we mark Support and Resistance on the charts so you can check..
To analyze Bajaj Finance (BAJFINANCE) on a 4-hour (4H) chart, you’ll be looking at price movements and key technical indicators to identify significant levels and trends. Here’s how you can approach it:
1. Support and Resistance Levels
Support Levels: Identify previous lows or levels where the stock price has historically bounced back up. On a 4-hour chart, these are critical price points where buying interest has been strong enough to halt a decline.
Resistance Levels: Find previous highs or levels where the stock price has faced selling pressure. These are price points where the stock has struggled to move higher, indicating potential selling zones.