The FASP for Bajaj Finance is listed for 22-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard...
Bajaj Finance (Daily)
1. XABCD - B is taken out means the Bearish harmonic Pattern is triggered.
2. Now it must defend 6,125 to chart ahead towards 6,400+ territory.
3. 6,125 (+/- 25) zone is a confluence of Fib + 7th March 2022 Low (Line Chart basis).
4. 25EMA and 21EMA are parallel (not yet merged) which will provide a base for the move upwards.
5. Thus we...
Bajaj finance has been trading in the in triangle formation.
On a daily time frame analysis, there is a bearish moving average divergence.
The stock has been taking support on its 20 ema on hourly time frame.
The markets are volatile. So, wait for the price action and a break out of the triangle.
Support :- 5753, 5655
Resistance :- 5900, 6000, 6120
Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.
This Analysis has Based on Harmonic Pattern , Fibo & Price action.
Note:- A Possible Harmonic Pattern has drawn, may get Invalid. Then mentioned Levels will be considered as support & resistance.
If agree with the Analysis, Then...
This is a daily chart. The chart looks promising, probably the last push from the BajajFinance.
Can buy above 7263.50, with a SL of 7096 and target of 8000.
The RR is around 1:4.
Currently, the Daily MACD is giving a very good buy signal and above todays high it will be a confirmed buy.
Also weekly Macd is also giving a buy...so double bonus.
RSI is also above...
📈 BAJAJ Finance Ltd. 📉
This Stock Broke out from a Resistance zone of 7200-7300 after testing two times this range on upside with a strong green candle. Yesterday Also tried but all sold off as you can see in chart.
Bias - Long
Target - 7852 to 7933
SL - 7008
All Important Supports and Resistances are drawn in chart. All levels are on closing...
Bajaj finserve is near a crucial support as it is retesting the previous resistance.
On a daily time frame, the stock is taking support at 20ema.
A break out and retest a nice trading setup.
Support :- 16550, 15825, 15200.
Resistance :- 17200,17750.
On weekly time frame, it is forming lower lows and lower highs.
Wait for the price action near the levels for...
Bajaj finance has given a bullish reversal pattern and has closed above 50% fib level.
It may test its 61.8% levels before retracement or reverse from 50% levels
Wait for a the levels to sustain above 6970.
Resistance :- 6600,6750
Support :- 6338, 6249
Simple patterns can be traded with confirmation
Asian paints has taken support of the possible triple bottom
Bounced from 200 MA
Sitting on demand zone
Above flip level
Healthy retracement of 61.8% done from last swing high
Good volume on previous 2 sessions
7000 will act as a psychological breakout/support.
Buy above - 7000
Targets mentioned in the chart above
Please LIKE, COMMENT and SHARE to motivate and...
bajaj finance currenty 2 times facing 8000 level.
Now when its come 3rd time its not an important level as resistance for me.
its currently did pattern "cup & handle "
8% immidiate target .
our stoploss is7600
buy in its green zone.
1) On Daily Time Frame: It has closing below 10DMA since last 4 days. And as per history, it remains below 10DMA for few days only. There may be case that it will break and will cross over it.
Please refer below chart : Daily time frame.
Just for reference.
Please refer below chart : 15time frame. ...
EXPLANATION : This is a 30 Min time frame chart of BAJFINANCE . It has formed a Bullish Flag Pattern , If stock break the flag with high volume I am seeing a very good opportunity in BAJFINANCE . ( Use Fiboncci )
Please refer below daily chart for BAJFINANCE.
1) I can see 7486 level in short term, only if it maintains to stay above 6750 level then it will be sure buy trade. Then any dip above 6750 level will be buy opportunity.
2) Only one negative thing is that on daily chart RSI suggest 78.79 which is almost near to 80 and it can be consider as over...