Bajajfinance
BAJFINANCE about to make a breakout?!?Was just having a look at the daily swell as 4 hour chart of BAJFINANCE and couldn't help but notice that it's forming a falling wedge. Do have a look! Let me know your opinions. Along with so, it's at the Monthly CPR Support level.
Bajaj finance Elliott wave analysis.This the classic example of Elliott wave theory . Bajaj finance completed its first wave near 4922 and after that in wave 2 fall was fast and furious and it seems price has terminated near 1914 , which is 61.8% retracement level of wave 1. At lower level I have noticed triangle formation near bottom of wave 2. So I expect breakout will come in this stock very soon and price should go up towards 3418 level in near term.
NSE:BAJFINANCE
BAJAJ FINANCE is losing its charmComparison between index and bajaj finance is clearly seen after the fall of market.
Bajaj finance has lose its glam. Don't try to catch the falling knife!
INTRADAY IN BAJAJ FIN INTRADAY IN BAJAJ FIN
BUY@1984
STOP@1954
TARGET@2034
QTY=400 (CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
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BAJAJFINANCE KEY LEVELS SUPPORT AND RESISTANCE 15/05/2020 RESULTKey Levels for BAJAJ FINANCE: RESULTS DAY
UPPER BREAKOUT~2135
FIRST TARGET~2155
INTERIM RESISTANCE~2180
FINAL RESISTANCE~2207
*************************
LOWER BREAKOUT~2093
FIRST TARGET~2076
INTERIM SUPPORT~2047
FINAL SUPPORT~2015
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BAJAJFISV CHARTMinor support at 4565
Range bound zone - ( 4829.30- 4612.90)
overall
- bullish volume pressure
- near oversold zone (RSI)
- Oversold (STOCH)
Bajaj Finance~ Stock is in downward channel with rising volume and showing bullish divergence
~ trading against the trend (-ve) correlation with index
#Watchlist
BAJAJ FINANCEBajaj Finance is taking support at 2000 level.
From 2000 stock can bounce back towards 2150/2190 levels.
If it goes below 1995 there could be a shorting opportunity. NSE:BAJFINANCE
INTRA-DAY TRADE IN BAJAJ FIN MAY FUTINTRA-DAY TRADE IN BAJAJ FIN MAY FUT
BUY@2030
STOP@1980
TARGET@2100
QTY=500
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
INTRA-DAY TRADE IN BAJAJ FIN MAY FUTINTRA-DAY TRADE IN BAJAJ FIN
SHORT@2050
STOP@2098
TARGET@1920
QTY=500
RATES ARE AS PER SPOT
PLEASE ADJUST FOR FUTURES
Bajaj finance going through its worst phase Break below 1900 on closing basis will destroy the stock for sometime.
All indicator showing negative.
No buying for next few weeks from our end.
Below 1900 next target 800
Bajaj Finance If we see all time high with bottom then first retrenchment was on 38% and then 100%..
So, can we consider that now after touching bottom, stock is ready for 1.61 level in future time?
First R near 2500
This is only education, please share your views.
Bajaj finance trendline hourlyBajaj finance looks good to go long if hourly candle closes above trendline resistance
Keep On Radar Bajaj Finance!! Follow US for More Stock Ideas!!Buy BAJAJ FINANCE at dips near 2000-2044 support near 1960-1950 Target 2200-2400++ (Short Term)
Buy bajaj finance for the target 2212Buy bajaj finance at cmp for the target of 2212 (short term target). As we can see the stock was in a accumulation mode for more than a week. Institutions were accumulating the stock at lower level. It seems like they have completed accumulating the stock and its ready for a big upmove. Good price action + Good volume .
Bajaj financeSome important srupport and resistance line which will help you Gain an insight about the trade tomorrow, Buy if its near the major support zone and sell if its breaches the Resistance zone.
Bullish Flag Pattern In Bajaj FinanceIf you look at today's chat of bajaj finance, you will note that it had developed bullish flag pattern in 15 min time frame. Breakout either side of this flag will give you 20-25 points gain in 28th april 2020 trade.
Only for educational purpost.
Awaiting for your love with likes and comments
Hammer in Bajaj Financewe discussed earlier in the previous chart that bajaj finance has made bullish flag pattern in 15 min chart. But When you see today daily candle, you will notice that it has made a Hammer Candle which means that down trend which started from 4923 may have come to an end now and this stock may reverse from here.
My view is only for educational purpose.
Give Your love by giving likes and comments.
Bajaj financeSell Bajaj finance if it breaks the strong Support line.
else Long bajaj finance by keeping a stop loss near the support line.
BajajFinancePlay Accordingly...Price going to touch Strong SR...
It might reverse little bit....My view marked on charts...
do you own analysis....
