#bajajfinance.. Awesome Breakout... Keep an eye tomorrow, might be a pullback or continuation...
Price is currently resting at a Strong Support Zone, which is a confluence of: 1) Anchored VWAP Support from the May Bottom 2) Trendline Support from the May Bottom (3 valid touch points of Trend Line already done) 3) Price at Lower Range of the Box We also witnessed a False Breakdown few days back, hence if it had to fall it would have already. So better to play...
Call Writers/Put Buyers surely made some good money after 12th October :) I had given these levels before it even happened. Kindly crosscheck with Trading View ideas published. ALSO WATCH THE PRICE ACTION AT BOTH THE LEVELS. LOOK AT THE HOW PRICE REACTED TO THE LEVELS AFTER 12TH OCTOBER. THIS IS REAL PRICE ACTION. YOU WONT BE ABLE TO INTERPRET WITH RETAIL...
As you can see clearly , Institutions have gone to take out for liquidity and is now showing signs of reversal. Red line is the resistance and price should fill it before turning bearish. Blue lines are take profit lines. Disclaimer: I am not a SEBI Registered Advisor. This post is purely for educational purposes only. I will not be responsible for your profit...
This Trade is derived for Intraday; Do not risk more than 3% of your Principal
Target 1 2813.10 Target 2 2736.15 (If it Breaks and Sustain below) Target 3 2559.55 (If it Breaks and Sustain below) Than Next Target is 23731.95 -------------------------------------------------------------- Disclaimer: I am not SEBI Registered, before taking any positions to contact your financial advisor, I am not responsible for any Profits or Losses,...
Took support, long. should consider pattern break, if sustains below or retest rejection.
BAJAJ-AUTO LTD. has made good Support on bottom line @ 2840 Also has made Dragonfly Doji Pattern which shows some Recovery for Upside. BAJAJ-AUTO Made a good Support @2840 DRAGONFLY DOJI CANDLE PATTERN CMP @2898.20 TGT-- 2.970--3030 Stop Loss @ 2840 2-3 Days Expected {ALL MY VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...
Took the pattern support & also given the Fibonacci 61.8% retracement. Should go long from here.
Bajaj Finance may take any of the one route in coming future; if we break the wedge now will go up now; or might face some more consolidation for some while
BAJAJFINANCE Cup and Handle Breakout Retest. Inside Bar at support level . Swing long above 3621 for target 3875 . SL 3460. Cheers !
BAJAJ FINANCE:- 3550, strong buy on dip opportunity at 3700 levels tgt 3900++ sl 3450₹ clbs #Disclaimer:-I just shared view for only educational purpose.
Bajaj narrows down in a price range in a parallel box, followed by a breakout. Every breakout suffers a minor pullback and then uptrend resumes. Current price levels have came out of parallel box. A bit exhaustion can be observed and even volumes have dropped a bit. After a minor pullback , it will upmove again. Please note there is a resistance zone near 3800...
Strong Up trend supported by 20, 200 SMA, Vwap and Good support zone.