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.
Bajaj Finance fell today post result declaration. A mega bull run has halted temporarily. Much need correction in price has been started. Scrip is following consolidation followed by a brief upmove strategy, Thus shifting price levels in a ladder-like structure. It will retest the 3115-3130 levels on further correction( lower levels of Top-most rectangle). And...
NSE:BAJFINANCE Hi Traders, As expected in previous idea ( "Bajaj Finance Long" ), Stock has broken resistance line and start moving in upward direction. There is a possibility of temporary retracement to suggested resistance line (3523). If so, you can open new orders based on price action. Stock Analysis * Stock was in a range and developing higher high and...
Wedge Pattern BO then 3900 Reverse to support side
Positional Sell on break below 3350 levels with strong candle Target: 3150, SL : 3465 Forming Lower Highs & Lower Lows on charts
Levels and advise is mention on chart. Please carry due diligence and consult your financial advisor before taking any positions. Whatever is shared here is for research and education purposes, and not a recommendation to buy or sell.
Bajaj Finance Looking Rangebound for while. Breakout or Breakdown Will be good Gain or Damage to Stock. All levels are mention in charts.
Levels are indicated on chart . If you used the chart let me know how it helped Please like ,share and subscribe For more info reach out to me For education purpose , refer to your analysis before proceeding
bajaj finance showing a head and shoulder pattern, if breaks can give a good downward momentum.
key levels of bajaj finance support at 3143 and strongest support at 2856, stock is in rangebound consolidation currently so either it must break up 3380 or break down from 3155 for long trend confirmation
31/07/2020 - Bajaj Finance Ltd had already broken the short term trend line in 30min & daily charts. Sell Bajaj Finance Ltd @3250 with a target of 3130 & 2800 on down side with a stop loss of 3350.
Hello traders hope u guys are doing well! I found this head & should in making for Bajaj finance so shared the chart with you. Can go short after neckline breakout or even aggressive entry can be taken. Let me know if its beneficial for you!
I hope you can now see how the Bajfinance represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed...
I don't think of it going much below 3200 , Currently in a bullish channel making doji on the support zone , must move to new high in channel which is 3800 zone, good risk to reward ratio . Happy trading :) Complex charting does not make money . :)
Algo generated sell @ 2020-07-21 13:45 3304.05 Target on chart, SL 3500.
Trade the trend with the drawn support and resistance.