Science Backed by Data[BajajFinServ Series]: Target 6231Bajajfinsv has breakout with larger volumes(highest in 3 months). It has also broken its major resistance shown in chart. Looks good for target of 6231 and higher targets. keep StopLoss @ 5550- 5557.
Chart also shows breakout levels and other resistance from past.
Please note that all levels are on closing basis and based your trades on individual risk appetite.
BAJAJFINSV
BAJAJ FINSRV - Build up near resistanceNote: This is for educational purpose only.
There seems to be a build up near resistance which ideally means that bears are unable to push the price down and bulls are taking charge. Moreover, there is a spike in buying volume which enforces this build up. I am expecting a bullish breakout in BAJAJ FINSV.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1616.20
FIRST TARGET~1623
INTERIM RESISTANCE~1631.70
FINAL RESISTANCE~1639.70
LOWER BREAKOUT~1604.85
FIRST TARGET~1596.50
INTERIM SUPPORT~1587.80
FINAL SUPPORT~1579
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BAJAJ FINSERV KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020Key Levels for BAJAJ FINSERV : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5488
FIRST TARGET~5551
INTERIM RESISTANCE~5585
FINAL RESISTANCE~5621
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LOWER BREAKOUT~5434
FIRST TARGET~5411
INTERIM SUPPORT~5381
FINAL SUPPORT~5351
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BAJAJ FINANCE KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020Key Levels for BAJAJ FINANCE : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~2427
FIRST TARGET~2448
INTERIM RESISTANCE~2473
FINAL RESISTANCE~2498
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LOWER BREAKOUT~2386
FIRST TARGET~2365
INTERIM SUPPORT~2336
FINAL SUPPORT~2302
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BAJAJ FINSERV KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020Key Levels for BAJAJ FINSERV : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5317
FIRST TARGET~5358
INTERIM RESISTANCE~5425
FINAL RESISTANCE~5473
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LOWER BREAKOUT~5224
FIRST TARGET~5190
INTERIM SUPPORT~5141
FINAL SUPPORT~5092
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Bajajfinsv approaching towards its Monthly SupportBajajfinsv is moving towards its strong support zone at 4022.75 on a monthly chart. One shouldn't take any decision till the time stock trades between 5531.30 & 4022 as we might see stock trading into this zone in a zigzag manner for a long time. All the price mentioned is on a closing price basis on a Monthly chart. Swing traders can take a long side once it hits the support line & then RSI 15 crosses over 40 again on a monthly chart.
NSE:BAJAJFINSV
Short! Bajaj Finserv with AB=CD
1. On Drawing AB=CD Pattern on Recent High and Low.
2. Reversal Level D Point with 1.27 Fibonacci Retracement form at 4390.
3. Sell Below 4505 Target:4465 , 4400 Stop Loss 4545.
Financial Analysis.
Bajaj Finserv look attractive now.
1. P/E is the Third Highest in industry.
2. EV/EBITA is the Third Lowest in The Industry.
3. May Give better return after Lockdown.
4. Pre Covid Trading Price around 9K
5. Best Time for the long term investor.
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BAJAJFINANCE KEY LEVELS SUPPORT AND RESISTANCE 15/05/2020 RESULTKey Levels for BAJAJ FINANCE: RESULTS DAY
UPPER BREAKOUT~2135
FIRST TARGET~2155
INTERIM RESISTANCE~2180
FINAL RESISTANCE~2207
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LOWER BREAKOUT~2093
FIRST TARGET~2076
INTERIM SUPPORT~2047
FINAL SUPPORT~2015
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Bajajfinsv is moving in a RANGEIt is moving in a rage of 5142-4320 as it is a selling season the opportunity was at 5142 although it is on one of its support in the range for intra day there is a buying opportunity if it sustains the given level although i think it will come down to 4526 before going up but for swing traders it is a great sell opportunity
suggest me more stocks that i should look into