Bajajfinance
Bajaj Finance OverviewBajaj Finance is in a very crucial stage. Most likely tomorrow it shall open gap down, and there are two cases for this.
1st Case - The Both red lines marked will act very crucial for BAJFIN. Any close above or below may set a new trend
2nd Case - Common Gaps are filled quickly so dont keep any short positions for a long time, rather buy at low levels for a long term perspective. If it falls at that level then most likely to move sideways, but must break with volume
if it does fall Sell at 2070 with SL 2090 with targets of 2055, 2045 and 2035. Follow levels.
Below 1906, it can slide of easily but we can expect a NON Rejection of price there.
BAJAJ FINANCE KEY LEVELS SUPPORT AND RESISTANCE Key Levels for BAJFINANCE :
UPPER BREAKOUT~2347
FIRST TARGET~2402
INTERIM RESISTANCE~2447
FINAL RESISTANCE~2499
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LOWER BREAKOUT~2273
FIRST TARGET~2231
INTERIM SUPPORT~2186
FINAL SUPPORT~2138
Please trade with caution and consult your financial adviser before trading.
Bajaj finance showing strengthBajaj finance after correcting from high of4840 has continually given weekly negative closing, now after consolidating near 2300 , it is showing some strength and can give a bullish continuation if high of previous week near 2400 is crossed in closing basis. This is a pattern where india vix is cooling of and high beta share consolidating.
BAJAJ FINANCE LONG BAJAJ FINANCE MAINING TTRIANGLE IN 60 MIN ) YOU CAN LONG FROM HERE
LONG ABOVE 2266
STOP 2160
TARGET 2300-2401-2500-2600
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RAVINDRA
bajaj finance -SHORT CandidateThis stock has corrected badly from higher levels and from last few trading sessions have not managed well to close in green,even it broke 2400 levels which it breached last time on sept21,2019 and closed below it.Even volume profile suggests it has closed below its point of control.Most likely to break 2000 levels ..sell it
Bajaj Finance : Will It reverse ?Bajaj Finance is having support around 2200- 2150 zone where counter had observed demand or short covering pressure. It also matches with central line of pitchfork. If it observes this zone and makes a fractal candle on 5 & 15 min chart then can be bought with SL below 2075 for 15-20% upmove