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Bajajfinanceltd

Bajaj Finance cmp 7317.15 by Weekly Chart viewBajaj Finance cmp 7317.15 by Weekly Chart view - Support Zone at 6700 to 6800 Price Band - Resistance Zone at 7600 to 7700 Price Band - Falling Resistance Trendline Price Breakout done and needs to sustain for fresh upside - Price Breakout momentum supported by the good Volumes traversing over Rising Support Trendline - Weekly basis Support seen at 6850 > 6240 > 5620 with the Resistance seen at 7875 > ATH 8192 price levels - Sliding Bullish Head & Shoulders done mixed with past repeat Bullish Rounding Bottoms indicative of a good breakout in the making process*
NSE:BAJFINANCE
by PIYUSHCHAVDA
H&S on higher time frame in Bajaj Finance.The stock is trading around the neckline of the pattern and on the daily charts it has closed below the zone. The weekly charts are also showing some negativity and there are chances it may move below as there is a head and shoulder pattern on the higher charts. Entry can be created in the stock once the weekly low is breached and a daily candle close below it. Bajaj Finance is trading below the weekly 20 ema and pattern formation is there. There are 2 scenarios in the stock. First, it can retest the zone of 50-61.8% fibonacci and give a break down. Or after a consolidation it starts moving below the neckline. Targets and stop losses will be created once the entry 1 or 2 is confirmed. Entry one can be created once there is a bearish price action in the fib zone. Targets :- 6875, 6520, 5900 Stop Loss :- 7360 In case of the second entry first target will act as a break down level with stop loss of 6910. Position should be created with a setup confirmation and let the stock movement decide which side to move. Wait for the price action and entry level to be triggered. Positional and swing trades in deravatives can be created.
NSE:BAJFINANCE
by Mambotrade
Short-term trend for Bajaj Finance Ltd 29.01.2024 - Feb 2024The short-term trend for Bajaj Finance Ltd. (BAJAJ-FIN) on the TradingView chart appears downward with lower highs and lower lows. Here's a breakdown: Volume: Relatively low volume, implying the recent downtrend might lack strong conviction. Price Action: Broke below the recent swing low around ₹7150, confirming bearish momentum. Struggling to hold above the ₹7035 support level, suggesting further downside potential. Therefore: Short-term traders could potentially look for shorting opportunities near resistance levels like ₹7150 or ₹7200, with stop-losses placed above the recent swing high around ₹7230. A bounce at the ₹7035 support level could offer entry points for long positions if confirmed by bullish signals like higher volume or reversal candlestick patterns. Target levels would be 6890 and 6600 if 7035 breakdown happens Remember: This is just a short-term analysis based on the current chart. Always conduct your own research and consider various factors before making trading decisions.
NSE:BAJFINANCEShort
by nersusmedia
1
BAJAJ Finance Ltd. Chart Analysis !!📈 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 RR- 1:1 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:BAJFINANCELong
by ShelendrAgrawal
Simple Trade Setup | BAJAJ FINANCE | 03-01-2022 [ INTRADAY ]NSE:BAJFINANCE Observations: 1) On 1 day time frame, it is just below the 21DMA which is placed at 6988.11 level 200DMA is placed at 6465.15 level which is major support. If it trades above 21DMA then there will be chances of up move. But if it faces resistance then it will be down fall again. So we can see that 6990-7000 will be major range. It will work as resistance if it trades below is and it will work as support if it trades above it. Please refer below chart : 1 day Time Frame. 2) Also On 15 min time frame, we can see it finally trades and close above the range of 6875-6962 level range. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 03-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
4
Simple Trade Setup | BAJFINANCE | 22-10-2021 [INTRADAY]NSE:BAJFINANCE All the levels and trade setup remains same. Trade Setup for Date 22-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | BAJFINANCE | 01-10-2021 [INTRADAY]NSE:BAJFINANCE Observations: 1) If you rememer it had made head and shoulder pattern and gave breakdown of neckline from it on 30min time frame. Now today it has closed above the neckline and now this neckline will works as support. Please refer below chart : 30 min Time Frame. ------------------------------------- Trade Setup for Date 01-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
1
Bajaj Finance - Channel breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade Comments
NSE:BAJFINANCELong
by PrakWorld_Traders
BAJAJ FINANCE REVIEW 23-07-2021 | TRADE SETUP FOR 26-07-2021NSE:BAJFINANCE Today, 23-07-2021, BAJFINANCE took support from trend line but couldn't trade above our entry point 6230. It made 6225 high but faced resistance from there. Our levels and target remains same. Buy/long trade will be only activated above 6230 levels. It closed today above 6180 level which is also our marked level. If this level works as support then we will remain bullish. If this support 6180 level breaks then next support it trendline itself. And if the trendline break then next vert important support is in the range of 6094-6100. My personal view is to go short/sell trade only below 6100. Otherwise you might get trapped in the wrong signal on bearish side. Right now as far as it is trading above trendline and 6180 it has more probability for the bullish trade. Don't rush in to trade if it gap up on Monday let it get settled for 15-20 minute. I hope my ideas are helping you to understand price action and levels. Do comment if you have doubt/suggestion.
NSE:BAJFINANCELong
by Trading_hawk
2
BAJAJFINANCE levels.NSE:BAJFINANCE It has been trading in range between 6100 to 6200 since 9th July. 6100 have highest Put open interest and 6200 have highest Call open interest in July expiry options. 6100 is working as immediate support and 6200 is working as immediate resistance. And stock is also taking resistance from the trendline shown in the chart. It is worth to watch and keep an eye on this stock. Any break on either side will give a significant move. Buy only once the 6200 to 6225 range is breakouts properly. And sell only below 6094 after it breaks down it. It will give good profit on either side. Don't jump in the trade without getting clear breakout or breakdown confirmation. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts. All the best for trading in next week. Have a good weekend.
NSE:BAJFINANCE
by Trading_hawk