BAJAJFINSV
Intraday trade in Bajaj Finserv 05/03/24.
Bajaj finserv has tested the upper resistance levels and there are chance of it giving a break out.
An intraday bullish trade can be captured in the stock.
If there is a gap up opening and price is around 1625-30, with a strict stop loss around 1615-20 an entry can be made.
Target levels :- 1647, 1660.
If the Cup and handle formation pattern follows up, Stop loss can be trailed with atleast 1675 as final targets.
Wait for the price to sustain above the resistance zone. Watch the movement in the indices to correlate.
Price action must be watched around the levels and trade accordingly.
BAJAJFINSV - Symmetrical Triangle Pattern NSE:BAJAJFINSV Look like a symmetrical triangle pattern zoon; it will break the resistance, make a new All-Time High, and add to your watchlist.
IS BAJAJ FINSERV FORMING A W PATTERN?Bajaj Finserv form double bottom and if it hold the support zone of 1560 to 1550, we expect to see 1650 and then rally towards 1720 levels. Will get confirmation for W above 1665 only.
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BAJAJFINSV | Swing Trade📊 Details
Bajaj Finserv Ltd. is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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04 Jan ’24 — Banks does the powerlifting for the reversal todayBankNifty Analysis - Stance Neutral ➡️
The powerlifting was done by BankNifty today. The Bajaj Finserv and Finance were on fire today and were propelling FinNifty to a higher variance than BankNifty earlier in the day. However, the close ensured the variance was less than 0.2%
4mts chart link
Honestly, we did not see this coming. The setup was perfect for a Bear run, the first hour of trade almost froze us so that we could not build onto expiry positions on Nifty. Since the stop loss was hit, we had to make multiple adjustments to stay in green. Was this a turn of events or a blip is something we are not completely sure of? Ideally, the bear run was just starting, and it would be sad if it ran out like this.
63mts chart link
It is prudent to draw a new support line at 47539, the level from where we got the inflection today. To reclaim bullishness, BankNifty has to re-enter the ascending channel. If that happens tomorrow then the level to beat is 48700 which would mean it will take out the ATH. Since we changed the stance to neutral from bearish, a sensible move would be to go sideways without breaking the support of 47539.
BAJAJFINSV -- On raise - Need to waitBAJAJFINSV -- On raise
From a long-term investment point of view - RSI is rising on Weekly and Monthly.
Also stock is trading above most of the moving averages on D/W/M time frames.
As we can see on the Weekly time frame - forming a triangle pattern and waiting for 1741 level to take out and sustain before entry.
We can back to Back for two weeks - 1741 is high and not able to sustain this level.
During the March time frame also - we can see, stock tries to break out on the downside and bounce back from 1230-40 levels.
If already entered this during the past two weeks with upside momentum --- wait for 1741 to take out and then, we can add more.
And in any case, the breakout on the downside of the triangle will be our stop loss.
Another view :
Another view on Daily Time frame :
Market Profiling View on Weekly Time frame
BAJAJFINSVAccording to my analysis I can see a clear long trend in the stock with a stop loss of 1200
you can aim for 1:1.5 risk reward
4 Potential Monthly time frame stocks for 1 December I daily make educational content videos for swing / positional trading
Bajaj Finserv#BajajFinserv CMP 1653 continuously forming Higher lows after touching 1072 in June 22.
Now forming an ascending triangle and facing resistance in the range of 1650-1670 once it crosses this resistance it will touch 1800 and will face a good resistance there.
Positional_ BajajfinsvNamaste!
1. Bajajfinsv looks good for a positional/swing trade.
2. Entry price and Stop Loss is marked on the chart.
3. This trading idea is only valid till next 4 trading sessions. If entry doesn't execute till then, it will be cancelled.
4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle.
And be ready for a gap down in Nifty on next trading session (as SPX closed in red more than 2% last day).
Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
BAJFINANCE can fall or consolidate hereNot holding this stock. Posting this idea to try and predict stock movement
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Bajaj Finserv - ShortIf the Weekly closing comes below the blue trendline we can see a downfall till Orange Trendline.
One can Short with a SL of 1,676 (Current candle HIGH) for the target (Orange Trendline) approx 1,360
CMP: 1628
SL: 1,676
Target: 1,360
Risk = 48 points
Rewards = 268
R:R = ~1:5
BAJAJFINSV - Breakout after 1 Year I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
BAJAJFINSV Best time buy this levelIf your are looking the slow & steady share in the market this is the one of the stock in the current market level this share downside risk is only 5% And reward is the "open blue sky".
Before buy; Kindly consult your finacial advisor
BAJAJFINSERV BAJAJFINSERV has entered the bear territory by breaking the price 1504, one can go with short positional with a Entry : 1504
stop loss : 1529.70
Target : 1456.45
BAJAJFINSV Analysis(Double Bottom)!NSE:BAJAJFINSV ANALYSIS!
BAJAJFINSV Daily Analysis!
Double Bottom Pattern Formation and Breakout in BAJAJFINSV!
RSI Divergence in BAJAJFINSV!
Double Bottom Pattern analysis with RSI Divergence
BAJAJFINSV has made Double Bottom Pattern on a daily timeframe it has given a breakout to the neck level and retested it's support level at the neckline only. If we see the RSI we can see the clear Divergence, while price making falling bottoms RSI making Rising Bottoms. We can expect price to move in the upward direction.
Entry = Aggressive investors can buy at current levels, Conservative investors can wait for small retest.
Stop Loss = Below 1393.90
Targets = 1) 1486.40 3) 1570.35 3) 1665.25
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
BAJAJFINSV | Fall expectedI'm not holding BAJAJFINSV, if anybody's holding they may exit their position
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
M O N E Y M U L T I P L I E R BAJAJFINSERVE fut is on the verge of breaking out of triangle pattern above 1630 on an hourly chart with good OI build up.
If it opens or breaks past 1630 then dont miss this opportunity to multiply your profits & dont get out in small profits, wait till target & make money.
Could be bought at cmp or lower till the lower trendline or breaking past 1630 with mentioned stoploss & target #1shot1kill
