Price took support at the major support level and formed a "W" pattern. After the break-out of the "W" pattern price is sustained at the break-out level, and price formation looks bullish. Trade can be executed with a good RR ratio. The above chart is only for educational purposes only. Please don't trade based on the above chart only. Take your informed...
Bajaj finance spot cmp 6186. 240 mins time frame. Price action study Descending wedge pattern formation. Counter is trading around supply zone as per descending trend line. RSI is at historical levels, where counter makes peak and reverse. Bearish reversal confirmation by candle. Counter might take pause in this bullish trend or can also retrace deeper if the...
Stock has posted good result in march qtr and also stock is near to break out level forming round bottom pattern with good volume spike, follow chart.
BAJFINANCE Buy-Above 5900 Sl-5500 T- 6600 7250 Stocks has formed reversal structural in daily daily. It has closed above the Last swing high. Also breakout of the trendline an retest has been done. As of now we will give some space in sl but as it moves further and makes another leg then will trail sl to last swing low in daily TF.
ONE SHOULD BE LONG ON BAJAJ FINANCE Having a seller mindset -1x 27APR2023 6000PE - ₹ 166.5 +1x 27APR2023 5500PE - ₹ 23.8 One can also invest in this stock for a minimum target of Rs 6500
Backed with the Q4 business updates that says company has recorded: - highest ever increase in customer franchise in FY 2023 - new loans booked at 7.6 million vs 6.3 million (YoY) - AUM up 29% YoY a possible range of falling channel of 4.50 - 5.0% may be seen on charts ahead of RBI rates decision ahead this week. negation of long view happens below 5520~ Let's see.
Double Bottom Pattern is formed on daily chart while the RSI is making higher lows which is sign of RSI Bullish Divergence . We can take a swing trade here. Entry: We can go long after close of strong bullish candle near the support zone . Target: We can keep the target near the resistance zone which will be also the neckline of W pattern as marked on...
Expected Bullish BUTTERFLY with symmetric Triangle if remain below 6236.45(PDC). PRZ is 6059.80.
Bajaj Finance once above todays high then 6600 is a possibility soon. I like to keep it simple without adding too many indictors or strategy.
bullish on Bajaj finance breakout of trendline stoploss in at 6080 with a Risk to reward ratio of 7.68
bajaj finance recently breakout channel pattern. It looks bullish above 6400.
bearish RSI Divergence Both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
NSE:BAJFINANCE seems to have completed wave 2 correction. It shall be heading higher in Wave 3 of extended wave 5 of Bull Market.
--------------------------------------DISCLIMER-------------------------------------------------- * All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex,...
BAJAJ FINANCE buy side above 6140 tgt 7000 sl 5600 for long posotional
bajfinance 6050 above sustain 15 minutes candle then buy whenever 9:15 15 minutes candles sustain + trendline Rejection go for shorts But small Target okh bullish view my side Only focus Round levels )
SELL BAJFINANCE 5810 sl 5885 tgt 5726 / 5650 result are there not expecting much move for upside and technically support is been broken and given the below closing
this stock is only for short side if it breaks the 5785 level with good candle then you can enter by putting stoploss on a logical place and for targets please use pivot points . 5700 is a round figure so you can book profits there . follow risk management do your own analysis important note: event hai kal so you can ignore this trade also