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:...
as per chart sl will be upper trend line + some buffer
🔰 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...
Bajaj Finance has possibility for potential breakout
Inverted head & shoulder pattern in BAJFINANCE
Bajaj 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 Fin breakout from falling channel with good volume . Can give good returns .
Clear Neckline brreak in BAj fin on 15 min chart frame. At least 100 points downside expected
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 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...
BAJAJ FINANCE HAS FORM FALLING WEDGE PATTERN IT CAN GO UP OR DOWN BE NEUTRAL ON THE BAJAJ FINANCE AND LIKE SHARE COMMENT
The stock has come back to its 50 EMA . The structure is already provided for reference along with S&R LEVELS. Check out optionchain. The Indicator Used: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded...
Execute Long if the Trend line breakout happen in RSI and Price chart with 15 mins candle close for a Target of Minimum 80 points. Execute Short if the RSI and price chart break the trendline in downside with 15 mins candle close for a minimum target of 50 points. Stock has 5450 strong support and it shows some bullish indications. Kindly share your valuable...
A quick recap for those not familiar with Elliott Waves. Index / Stock rises in five waves of major trend (up or down) and correct in three waves in opposite direction (down or up). The power of Elliott waves is that it's a fractal, so this happens at all time frames starting from Month/ week all the way down to hourly and even 5-min chart. The last major low for...
- Good breakout after forming an ascending triangle pattern - Volume expansion and bullishness exists - Finance and Banking sector might do well ahead - Medium term holding and little skeptical regarding short term - Good entry at 10,870 with stoploss of 10,230 levels
if weekly candle closes above resistance trendline this stock will be rocket so let candle close above horizontal trendline and other falling trendline for target of 6377 good luck
Taking support & bouncing back from the region of 4350 area , stock is ready to move up in fifth wave for a new high again. Buy on dips keeping SL of 4900 & look of target of 6000/6400
Sell around 5070-5140 sl 5300 target 4800-4520 Disc : it's not an investment advice to buy or sell