Not 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...
If 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
If 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 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
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...
I'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...
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...
Stock Name - Bajaj Finserv Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1660
#This is not Buy and Sell recommendation to any one. This is for...
#bajaj finserv
chart explained
1) The counter was trading in an uptrend
2)It witnessed a strong gap up opening on 4 july 2023
3) The Gap up was above the previous strong resistance zone as indicated by arrows
4)The retracement after strong move already done
5)5_ today it witnessed a strong upmove along with long build up with 3% rise in OI
6) current month...
Bajaj Finserv has formed a Double Bottom pattern, while RSI is making higher lows which is clear sign of RSI Bullish Divergence.
Entry:
We can go long on open of next candle.
Stoploss: (Never trade without a stoploss)
We can keep stoploss below the double bottom support zone.
Target:
We can keep the Target 1 & Target 2 near the next resistance zones as marked...
