Black Friday saleUp to 70% OFF

Bajfiancetrade

Simple Trade Setup | BAJFINANCE | 2nd Week Nov 2021 [ intraday ]NSE:BAJFINANCE These levels are for this week of Nov 2021. Observations: 1) On daily time frame, we can see that it took good support from 10DMA but closed below 21DMA. 10DMA is placed at 7545.32 level and 21DMA is placed at 7676.76 level. 21DMA is immediate resistance while 10DMA is immediate major support now. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 09-11-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | BAJFINANCE | 19-10-2021NSE:BAJFINANCE Observations: 1) On 1 day time frame, we can see that after opening gap up since last two days it is facing profit booking. But good thing is that it took support from 10DMA and closed above 7850 level. Which is partially good sign for BAJFINANCE. If we see in recent days, it spend very less days below 10DMA. Hence breakdown of 10DMA on daily time frame it will give bearish move for short time. And if it sustain then we can see bullish move continue. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see it is trading in parallel uptrend channel. It is near the support trendline of parallel channel. If it gets good support from it then it will be bullish till the resistance trendline of parallel channel. If it breaks down support trendline of parallel channel then it will be bearish. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date 19-10-2021: Most of the levels will remains the same as per previous setup. 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
1
Simple Trade Setup | BAJFINANCE | 20-09-2021NSE:BAJFINANCE Observations: 1) On Daily Time Frame: It has closing below 10DMA since last 4 days. And as per history, it remains below 10DMA for few days only. There may be case that it will break and will cross over it. Please refer below chart : Daily time frame. Just for reference. Please refer below chart : 15time frame. ------------------------------------- Trade Setup for Date 20-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
1
Simple Trade Setup | BAJFINANCE | 06-09-2021NSE:BAJFINANCE Observations: 1)On daily Time frame we can see that it has been holding the support of fib level provided earlier. which is placed near 7486 level. It is failing to close below it since last 3 trading days. You can also refer the same level which was earlier provided by me in link at very bottom of this. Any violation or daily candle close below 7486 will invite profit booking. Please refer below chart : daily time frame. 2) On 15min time frame, we can see that it has been consolidating in a range since last 3 days. Breakout on either side will give a good movement. ------------------------------------- Trade Setup for Date 06-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | Bajaj Finance | 12-08-2021NSE:BAJFINANCE Simple Trade Setup: On Daily Time frame it remains below 21DMA which is placed in range of 6190 level. But today's daily candle looks pretty much reversal. Please refer below chart. Now on 15min time frame previous trade levels will remains the same. Levels and targets are mentioned on the chart. Hope it is easy to understand. All the levels will work as support , resistance, entry and exit w.r.t to price action near to that level tomorrow. Do comment you doubt or suggestion. All the best.
NSE:BAJFINANCE
by Trading_hawk