BAJAJ FINSERV IS FORMING FALLING WEDGE PATTERN AND HAS ALSO DONE AN HEALTHY RETRACEMENT . ON MONDAY IT MAY GIVE BREAKOUT AND TOUCH 5700.
ALL THE LEVELS ARE MARKED ON CHART; SELL NEAR THE RED ZONE IF REVERSAL CANDLES ARE FORMED ON THE ZONE/ NEAR BY THE ZONE The indicator used: 1) Daily Lines plots Daily 20 EMA on lower time frame charts 2) TE-ANT If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV, hope you got bucks in your pocket to consult...
Shares is now at accumulation zone one can Wait for the upside breakout Targets and Sl is mentioned in chart one can modify as well DON'T forget to check out my related ideas they worked really well LIKE & FOLLOW & & COMMENT
Price is currently resting at a Strong Support Zone, which is a confluence of: 1) Anchored VWAP Support from the May Bottom 2) Trendline Support from the May Bottom (3 valid touch points of Trend Line already done) 3) Price at Lower Range of the Box We also witnessed a False Breakdown few days back, hence if it had to fall it would have already. So better to play...
UNDERSTANDING TREND THROUGH SUPPORT AND RESISTANCE. ALWAYS TAKE TRADE AFTER CONFIRMATION.
Im not an expert im just sharing my views on BAJFINSERV for today Im not responsible for any profit or loss this is not a recommendation
Im not an expert im just sharing my views on BAJFINSERV for tomorrow Im not responsible for any profit or loss this is not a recommendation
NIFTY50 UPCOMING SUPPORT AND RESISTANCES LEVELS MARKED ON THE CHART on 1Hr timeframe
If it fails to sustain above 6205, might fall after breaking the sideways structure.
NSE:BAJAJFINSV Hi Traders, BAJAJ FINSERV remain range-bound throughout month. Now, it has started move in downward direction. Entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE ...
ANALYSIS MENTIONED ON THE CHART
CMP = 2957.70 Target = 3273 Stoploss = 2797 lot size = 250 At a support zone shares are accumulated for nearly 7 trading days and now on the 8th day there is a breakout with decent volume It can be false breakout also so be cautious before making trading decision so we can see a good upside movement ahead Show your support by like And comment om my idea ....
stock can move either way ,follow the price action and take entry , volume is also coming now mainly upper side breakout is also happened , retracement is done upside target = 6412 downside target = 5855 educational purpose only
Please do your own analysis before trading or investing
Took support, long. should consider pattern break, if sustains below or retest rejection.
BAJAJ-AUTO LTD. has made good Support on bottom line @ 2840 Also has made Dragonfly Doji Pattern which shows some Recovery for Upside. BAJAJ-AUTO Made a good Support @2840 DRAGONFLY DOJI CANDLE PATTERN CMP @2898.20 TGT-- 2.970--3030 Stop Loss @ 2840 2-3 Days Expected {ALL MY VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}