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Bajajfinance

BAJAJ FINANCE ACHIEVED MY TARGET NOW WHAT NEXT ?Hi Traders, 1. In the last post on this stock, I mentioned in point no. 2 is quoting for your consideration " now the target is a white zone." . you can see exactly the white zone acted as resistance and target achieved. There you can see a pink circle showing a variation of dark cloud pattern of a candlestick. This is activated now as the last trading candle has closed below the pattern's second candle low. If the next day trading candle is closed below the white candle low then the price is expected to go in next week to the blue and red dotted line. 2. Here one more condition applies, which is of a yellow dotted line. This line can act as support for the consolidation of the price for some time. One should keep a stop loss of Friday's candle high and should take short positions. Make sure the position should only be taken when yellow dotted provide some support. 3. On the contrary, if the yellow dotted line is taken out on a 1 hr time frame then the price will travel to the blue and red zone. Those new to my blogs, they must understand taken out condition, only then enter into a trade if that is satisfied. For your understanding quoting my condition " Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. " 4. On otherwise If price takes out on 4 hrs time frame the upper pink line then the price will move to a red color upper line. This is how the trade should be going in next week. I always try to make my trades easy-going without stress. The conditions help me to understand moves in the right direction informing me where to enter and exit. So follow conditions strictly. If satisfied then move in that direction if not get out of a trade or do not enter. 5. I have seen many followers who just jump into a trade because conditions satisfied. But that is not the right way to play the market. You need to show patience and find buying or selling set up on a lower time frame then take entry. In this way chances of failing trade get reduced drastically. See my 160+ posts almost in every second post I make you remember to be patient and disciplined. for your understanding chart better, I show you chart below when I suggested going long in this stock. A pink color circle was the time when I recommended and see achieved my white zone target. The rest market will decide. YOGESH VATS DISCLAIMER:- All positions should only be taken on the advice of your financial planner. This information is for educational purposes only.
NSE:BAJFINANCE
by yvatsji
9
Bajaj Finance: Morning trade recommendation analysisBajaj Finance was recommended as a short candidate in morning The pattern we observed in morning 5 minute candlestick chart is called Bearish Dark Cloud Cover . ... If you translate that in Hindi, "Kaale Baadal Chha Gaye hai" ;-) The dialogue says it all, what to expect next, isn't it.?? The dialogue is used to depict not so good things to expect. So In Market what is not so good thing to expect...??? The answer is simple, it means the stock is poised to fall, and that is precisely what we have seen today and made the most from it... So when ever you see this pattern, remember it is a sign to be cautious... Do not just follow but learn from it as well...!!! Happy learning...!!!
NSE:BAJFINANCE
by indiamarketoutlook
3
Bajaj Finance: Chart setup & strategyBajaj Finance CMP 3093 Given the setup Consider selling Bajaj Finance 30 July 3600 Call option CMP around 115 Lot size 250 Max profit potential of Rs 28750/- per lot Yield potential of 13.6% approximately on capital Loss protection for a rise in price upto 3715 till 30 July Take care & safe trading...!!! Discliamer: - The view expressed here is my personal view - Use this for educational purpose - Any decision you take you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be Take care & safe trading...!!!
NSE:BAJFINANCEShort
by indiamarketoutlook
REPORT OF VARIOUS SCRIPS ANALYSED LAST WEEK PART-3HDFC BANK 1. In last update regarding this stock I mentioned is quoting for your consideration " two days trading after my post the effect of an evening star is neutralize by the bullish harami which i circled in white. and today candle activated it for long side. now long can be initiated with the sl of red dotted line down side." . You can see what a fantastic rally to blue line . See how sentiments are calculated with the formation of candle to candle analysis. That what you have to learn when analysis is done. In every post I corroborate my statements first then I provide next move. Is any post more than 155+ without proving my statements. This is called consistency and strike rate. You all can reach that level by putting hard work with passion. Many people are not able to digest this perfection in my post so they become egoist and start writing without proof illogical. I understand this effect I reply them with my work. As soon as trend progress my analysis move with sentiments. 2. A dotted red color zone if not taken out in 2 hr time frame then this will become buy zone. on the contrary if taken out then trend will change to down. 3. If next session trading takes out last candle high in 2 hrs time frame then price can move to white dotted line. That is right place to book positional long. BAJAJ FINANCE 1. On june 14th the title of this scrip was " bajaj finance has come out from sell mode to buying see how? " . You can see when sentiments changed you were imformed on bottom fishing time. I mentioned is quoting for your consideration " see upper dotted and solid red zone. on taken out at lower time of 1 hr you can go long with with the sl of lower end of this zone." . You can see price rallied. see the level of confidence written with small condition. See price rises and volume rising . That how manifestation are done with conviction. You will find many analyst providing some calls correct but not all . Even single call is missed in !55 + post are on record. 2. Now the target is white color zone. price can consolidate one to two days depending if nifty go in correction . Rest market will decide. YOGESH VATS
NSE:HDFCBANK
by yvatsji
BAJAJ FINANCE HAS COME OUT FROM SELL MODE TO BUYING SEE HOW ?Hi Traders/Investors, Two weeks back I posted my first post on this scrip. That time it was in sell mode and in last week came out from this mode to buy. Will it continue further lets find out. What I shared with you all in form of my conditions is quoting for your consideration in point no.3 of that post. " my sentiments for long will switch only when price takes out red dotted line where I showed green small arrow." See carefully took out from red dotted line in last to last week. In fact had I updated this post in last week I would have not waited for red dotted line condition to go long in new update. Since red channel was broken upside I would have given buy signal in last week. One thing is noticeable green arrow sentiments changing line is acting as good support That is why gave big bullish candle on Friday trading session. Two week back I manifested that point which can change the structure of this stock. Every chart is manifested so accurately that all reactions are done on that points why any scrip do not choose to react on so many other points on chart. This is a question of thinking. Now I discuss the next move see upper dotted and solid red zone. on taken out at lower time frame of 1 hr you can go long with the sl of lower end of this zone to the target of white lower end zone. If momentum is good then can go to upper end. This is the trade of next week.Rest market will decide. YOGESH VATS Note - All trading or investing positions can be taken on advice from your consultant . I can be wrong any time.
NSE:BAJFINANCELong
by yvatsji
3