BAJAJFINSV
Bajaj Finance | On demand of follower :) 🔰 MY thought process :
⭐ Well As nifty touching ATM once again so we can also see a good move in BJFin too, but instead it produced an evening star on the D chart = bearish sign, that too at resistance, Q is will that make it bearish = yep but only intraday basis, and that would be against the trend trade wrt overall market sentiments :), so I would not touch BJfin until it breaks through the lvl of 5834 or gives a breakaway GAP above that lvl = super bullish sign.
⭐It has taken support from the right place and gave a break of the trendline on Day chart = further up move also it retested its move = a smooth entry there too, now it is consolidating in a range :) which is good for us, as soon as the box breaks for above the trade is initiated.
⭐Which TF, well 1hr or 30mins would be better, patience is always better, but if your RR ratio is better on smaller TF then go for it :) as per your risk management system :)
⭐It's a good one I myself will keep an eye on this :) thanks for bringing this up mate :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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A Positional trade Setup This post I have created for education purpose for the beginners.
This is simple analysis without using any indicator.
One should use 30 min timeframe for intraday only just to see what's happening on big timeframe.
30 min TF is not good for intraday and I wouldn't suggest this to anyone.
My stoploss would be below the breakout candle also because it is below support now.
Some people may keep below the support line of pattern.
That differs person to person as per their risk management.
First learn to analyze the message of the candlesticks and their formations.
And then step up on the indicators, cause indicators are build up on candlesticks, so understand the chart message and then see what other things (indicators) are indicating(if you want to use).
And also you should also see the market indices, cause they may impact.
Indices, sectoral indices should be in trend favour too.
BAJAJ FINSERV SELLBAJAJ FINSERV LOOKS A SELL NEAR 11480 WITH STOP LOSS ABOVE 11620 FOR TGT 1 : 10986 TGT 2 : 10613 TGT 3 :10312.
Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain. This post is for educational purpose only.
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
#M&M #M&MFIN #MAHINDRA #STOCK #FINANCE #CREDIT #LOAN #INVEST #IT#M&MFIN
NSE:M_MFIN
CMP: 154.50
Target to be 208 real quick.
Might hold for higher returns.
Factors :
Earnings & EPS positive
Dividends Payout high
50% Fibonacci retracement
Spike coming soon.
Peers:
NSE: BAJFINANCE
NSE: BAJAJFINSV
NSE: MUTHOOTHFIN
NSE: SRTRANSFIN
NSE: BAJAJHLDNG
NSE: MANAPPURAM
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Bajaj Finserv | Flag Pattern 🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy above = 9,426 or CMP
--Target = 11,536
--Stop-loss = 8485
--R:R =2.24
--Expected Profit = (22% )
--Expected Holding =1-2 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Long Term trendline support
2) Flag Pattern Formations at the top
3) fundamental is too good & posted net profit
4) Volume is good enough after the
5) Target is based on fibonacci retracement
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
#PNBHOUSING #50%+ #DHFL #LICHSGFIN #FINANCE #LOAN #HOUSINGFIN #PNBHOUSING
NSE:PNBHOUSING
CMP: 372.35
Target: 584
Stop Loss: 306
Time Frame: Less than 3 months
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above RESISTANCE
Trading at SUPPORT .
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge FLAG formed.
Compare with peers NSE:LICHSGFIN , NSE:DHFL , NSE:IBULHSGFIN , NSE:HDFC , NSE:HUDCO .
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Bajaj Finserv - Ascending Triangle Breakout- Good breakout after forming an ascending triangle pattern
- Volume expansion and bullishness exists
- Finance and Banking sector might do well ahead
- Medium term holding and little skeptical regarding short term
- Good entry at 10,870 with stoploss of 10,230 levels
BAJAJFINSERVE Swing TradeAfter Consolidation in a parallel channel, BAJAJ Finserve looks ready for up move.
The stock has bounced from channel bottom and 78.6% Fibonacci Retracement Level
We also see breakout of Channel with good volume
Entry - when any hourly candle closes above 9860 (Critical Weekly Level)
Stoploss - 9440
TGT 1 - 10570 (7%)
TGT 2 - 11250 (14%)
Long opportunities for 15th April The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.