Bajajfinance
Showing Bullish pattern in BajFinanceAs per trend line and price action showing bullish and it can touch 6400 in this expiry and see the perfect follow of 20 EMA for your reference and go long and hold your position up to expiry.
Cheers,
Happy Trading
SM
Trend break or respect?Bajaj Finance seems to be doing good on RSI and thought it faced a little rejected at trend line, the volume selling is less and it remains to see what happens next.
BAJAJ FINANCE_DOUBLE TOP WITH NEGATIVE DIVERGENCE.BAJAJ FINANCE_DOUBLE TOP WITH NEGATIVE DIVERGENCE IN 1H.
#56 AAJ BAJAJ DAY😝#56(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also linked my views on stocks which on the verge of breakout BELOW.
Leave a comment that is helpful or encouraging. Let's master the markets together .
Breakout in Bajaj FinanceIn the daily chart, a huge breakout has been played with great volume indicating a strong upward trend in the stock. Trade with proper SL and Target.
6000 on Bajaj Finance - Trade Review well, I posted It when it was on the supportive trendline, then again on ATH zones, now 6000 :)
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Bajaj Finance Break-Out Go LongBajaj Finance Break-Out With Double top break out
Took support 200 moving avg. some days before.
BAJAJ Finance - Intraday Long (ATH)Bajaj Finance has been testing the ATH zone multiple times.
It has broken TL and given closing above it (2nd attempt, failed to sustain in 1st). Looks good above 5823 for Intraday.
Bajaj Finance- Daily Chart
- Near ATH, poised for breakout
- VCP formation
- Volume declining while formation of VCP
- Tightened towards right
- Looks good for swing trade, if breakouts with volume and sustains
- Manage risk, use position size and stoploss
DARWAX BOX BREAKOUT ABOVE 5822 FOR TARGET 6100DARWAX BOX BREAKOUT ABOVE 5822 TARGE 6100
FOR INTRADAY OR POSITIONL
NSE:BAJFINANCE
Bajaj Finance- All time high Positional Trade (June series)Bajaj Finance is near to its All time high .
Traders can take short position once the Triangle pattern got broken for Targets of minimum 400 points.
We can execute Long if the price manages to close above the All time hig h in 2 hrs candle.
Use RSI trendline breakout for double confirmation of your trend.
Kindly share your valuable thoughts..
Disclaimer: This view is for educational purposes only. Please consult your advisor before taking any trade.
Bajaj Finance | On demand of follower :) 🔰 MY thought process :
⭐ Well As nifty touching ATM once again so we can also see a good move in BJFin too, but instead it produced an evening star on the D chart = bearish sign, that too at resistance, Q is will that make it bearish = yep but only intraday basis, and that would be against the trend trade wrt overall market sentiments :), so I would not touch BJfin until it breaks through the lvl of 5834 or gives a breakaway GAP above that lvl = super bullish sign.
⭐It has taken support from the right place and gave a break of the trendline on Day chart = further up move also it retested its move = a smooth entry there too, now it is consolidating in a range :) which is good for us, as soon as the box breaks for above the trade is initiated.
⭐Which TF, well 1hr or 30mins would be better, patience is always better, but if your RR ratio is better on smaller TF then go for it :) as per your risk management system :)
⭐It's a good one I myself will keep an eye on this :) thanks for bringing this up mate :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Bajaj Finance - Watch for reverse H&S BreakoutBajaj Finance trading at CMP 5648, forming reverse head and shoulder pattern.
Look for breakout; can be good buying opportunity for short term target around 21%.
Bajaj Finance breakout Bajaj Fin breakout from falling channel with good volume . Can give good returns .
Bajaj Finance Head & Shoulder PatternClear Neckline brreak in BAj fin on 15 min chart frame. At least 100 points downside expected
Bajaj Finance Heading for New ATH 6000+Bajaj Finance has done a clear 5 wave Impulse and then retraced within 38.2% of the up move. So wave 2 down is complete and wave 3 up is about to kick off taking the Stock to New All Time Highs !
MACD remains in Buy Mode
RSI is well placed for Long
Price is above 20 Day SMA
Only Bullish!
Bajaj Finance Correction !Bajaj Finance Showing weakness on which There can be a correction coming out !
Points to analyse-
1. Bajaj Finance have a Double top Which indicates trend reversal or Correction.
2. Major Support / Roundoff Price / Fibonacci Comes at same levels with gives multiple confirmation of strong support !
3. Also there is a little unfilled gap which can be filled this time if market corrects !
4. Market is too up at this time after market averages - price have to come close to average to start new trend
5. There is a support nearby around 5330 If it breaks there are high probability that it can fall .
6. Even if we only follow Trendline after double top trend reversal indication the prices behaviour is to come near trendline !
That what i have analysed If you have any suggestion or queries please contact me freely on twitter or comments of this post !
Stay safe - Stay Healthy
Namaste
Comments
Leave a comment that is helpful or encouraging. Let's master the markets together
