BAJFINANCE
One Right Trade's Swing Trade Idea #179 : Long on BAJFINANCE This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
ACHIEVED BOTH TARGETS IN BAJAJ FINANCE!Call Writers/Put Buyers surely made some good money after 12th October :)
I had given these levels before it even happened. Kindly crosscheck with Trading View ideas published.
ALSO WATCH THE PRICE ACTION AT BOTH THE LEVELS. LOOK AT THE HOW PRICE REACTED TO THE LEVELS AFTER 12TH OCTOBER. THIS IS REAL PRICE ACTION.
YOU WONT BE ABLE TO INTERPRET WITH RETAIL UNDERSTANDING. SO KINDLY FORGET ALL RETAIL PRICE ACTION IN ORDER TO BE AMONG THE 5%.
BAJFINANCE - SYMMETRICAL TRIANGLEA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
#Oct13 - BAJFINANCE (intraday)The stock has been trapped in a channel for a long time. Lets wait and trade the breakout the these levels:-
Buy above 3368.1
Sell below 3300
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me on tradingview to get such intraday and swing picks everyday.
Happy Trading!!
RETAILERS PUSHED OUT AND NOW PREPARING FOR BEARISH RUNAs you can see clearly , Institutions have gone to take out for liquidity and is now showing signs of reversal. Red line is the resistance and price should fill it before turning bearish. Blue lines are take profit lines.
Disclaimer: I am not a SEBI Registered Advisor. This post is purely for educational purposes only. I will not be responsible for your profit and loss.
Please confirm with your investment advisor.
BAJAJ FINANCE SHORTTarget 1 2813.10
Target 2 2736.15
(If it Breaks and Sustain below)
Target 3 2559.55
(If it Breaks and Sustain below)
Than Next Target is 23731.95
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Disclaimer: I am not SEBI Registered, before taking any positions to contact your financial advisor,
I am not responsible for any Profits or Losses, whatever Iam providing here is the purely
educational and informational point of view
BAJFINANCE is Making Symmetrical Triangle Pattern (Breakout)Bajaj Finance Limited : Non-Banking financial Company ( NSE:BAJFINANCE ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Kruti Di Experiment 2 with BajajFinanceBajaj Finance saw a strong up move with increasing volumes. But there was a pullback as per the basic theories of PA and the support was found and it it going towards the resistance of 3720. If it crosses 3720 with volume. It can give a sharper upmove !
Futures data suggest that the pullback has seen no change in futures OI. Also options data suggest call OI is decreasing and Put OI is increasing ! (Basically put writers in action)