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....
The 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...
Bajaj finance Analysis | Result Day coming soon Few Gaps were pending.... Either side move will give good RR....
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...
📈 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...
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...
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...
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)...
🔴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...
NSE: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...
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...
TARGET 1 - 6600 TARGET 2 - 7200
Sell if sustains below 4860 for the targets of 4825 and 4776 until 4900 is saved on the upside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Ascending triangle breakout shows strong momentum Mid term Target-1 3000 and Target-2 3950
If Bajaj Finance break 1948 with Volume then go long With Target of 2070 and Sl- 1906 Disclaimer :- I am not a financial advisor , if you take any decision for buy or sell then do a self research as well. #bajajfinance #long #stockmarket #stockmarketideas
Bajaj Finance is taking support at 2000 level. From 2000 stock can bounce back towards 2150/2190 levels. If it goes below 1995 there could be a shorting opportunity. NSE:BAJFINANCE
Some important srupport and resistance line which will help you Gain an insight about the trade tomorrow, Buy if its near the major support zone and sell if its breaches the Resistance zone.