BAJAJFINSERVIm not an expert im just sharing my views on BAJAJ FINSERV for today
Im not responsible for any profit or loss this is not a recommendation
BAJAJFINSV
Bajaj Finserv Trend And Trade Setup !TREND ANALYSIS & TRADE SETUP !
WAVE COUNTING !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-8 Times
BAJAJFINSV - Beautiful Elliott Wave Cycle - For Your Study ! Analyze And Understand This Very Important Chart Deeply ! :) NSE:BAJAJFINSV
BAJAJFINSVBajaj Finserv
Cmp 6545.55
Can go long if crossed PDH
Can short if crossed PDL
The above are only for educational purpose only not to recommend buy or sell so im not responsible for any profit or loss...
BAJAJFINSV LONGThe chart is forming higher lows gradually on the 15 min chart.
Strategy:
Wait for bullish confirmation and make and entry around 6300.
The strategy will fail if the lower trendline is broken and keep the SL at 6100.
The target is 7150, presenting a 3:1 RR opportunity for this trade.
Go Long on BAJAJFINSVGo long above 6500 and short at the level of PRZ 7662
Trend line + Harmonic strategy
Seems to have a Bullish Penant breakout, Isn't it???BAJAJFINSV had a breakout on a short term forcast of a 2.5% bull move. Seems to BUY from CMP@6242 with a Target of @6700 & SL@6050
long term tredline breakdowncan short below orange Trendline breakdown or below day low
in progress of making double top . levels on chart
Bajaj Finserv: Bearish Divergence1. change in polarity - Support becoming resistance in this case
2. Bearish engulfing in daily at resistance
3. Bearish divergence in MACD and RSI
4. on confirmation, sell!
BAJAJFINSV CAN RETRACE BACK FROM A PULLBACKIt seems like it experienced a pull back from some days, it could again rise upto 50% retracement in some days. Place strict stop loss and targets from the support and resistance lines drawn. See if it finds resistance at 1/3rd retracement level, if it crosses that level this will be a strong stock to take long position.
BAJAJFINSVBAJAJFINSV Break important swing high to you can add in your buy watch list.
Entry Price: 6630
Stop loss:5784
Target:7952
