Bajajfinance
BAJFINANCE: Buy at 2765 SL 2720 and Target of 2900BAJFINANCE (Bajaj Finance) Buy at 2765 with Stoploss of 2720 and Target of 2900.
BAJFINANCE is in an uptrend for a long time now. A Slight retracement is possible but the stoploss has to be kept on closing basis. Formed a Maribozu Bullish and ENGULFING BULLISH.
Trading has to be done after confirmation from your financial advisor only. We are NOT SEBI registered technical analyst.
Near term bullish but i believe it needs correction in midterm.Follow the chart and feel free to post your query.
Ready to ditch Long bajajfin : Short for 2500Try with next expiry or in current can happen in 2 days
Bajaj Finance - Outlook for AugustThe stock has been rallying continuously and consolidation is expected
BAJAJ FINANCE LTD FORECASTin.tradingview.com
I hope that it breaks the daily resistance of 2419.15 with high volume.
My PredictiveEngine's Intraday call(31-May-18)-BAJFINANCE-Long Based on my PredictiveSystem's signals, its going to be a GREEN candle on 31-May-2018 for BAJFINANCE
Buy Above: 2124.3 for targets -
T1: 2140.2
T2: 2149.8
T3: 2159.8
SL: 2107.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Bajaj Finace - Signs of Profit Booking ?Profit booking may start now since stock has been in uptrend for some time.
RSI : Overbought
Candle - Bearish Harami
MA - Stock may retrace upto 10 DMA (1940 - 1960)
Bajaj Finance - A nice trading opportunity coming soonBajaj Finance formed a triangle patter on hourly charts, move beyond the channel can give easy 5-7% move either side, keep a watch on it and make full out of it.
#BajajFinance #Overvalued valuation time to #shortIt's no surprise that some of the companies on NSE Index are currently priced at extremely rich valuations and Bajaj Finance fits that criteria, in my opinion, perfectly.
Fundamentally, the company is valued at 65,000 crore market cap which makes it almost as big as two of the largest lenders in India, Bank Of Baroda and Punjab National Bank combined.
Technically, in my opinion the bullish momentum is phasing out and we may see a downside of atleast 4% in the coming days.
Its in Buy zone Is it?for this 945 is acting as readily active resistance for time being. wait for fresh break out for bank nifty strength. should close above 915 in daily closing basis with volume.
Bajaj Finance to trade towards support 850 Bajaj Finance has been trading in down trend and after retracing the crucial 50% fibo level it has been trading in upward direction, it closed today with bearish sign (shooting Star) and it may further touch the support before going in upward direction. traders may enter short in this stock with a target of 850 in near term.
