BAJFINANCE
Channel Breakout & Retest (BAJFINANCE) Can look for an aggressive buy opportunity once we see pin-bar Candle near the channel. Or one can wait for breakout of R1 level.
BAJFINANCE: BUY at 2984 SL 2930 TGT 3200WAIT FOR ENTRY and only then buy in small quantities in CASH Market. Currently Its coming down.
H AND Sexpecting for a head shoulder pattern
lets see if it can form h and s or break the support and fall
refer chart for details
Long BajfinanceLong Bajfinance
My all tweets are for my personal trading. I am not speculating anything . all based on data analysis and chart pattern.
BAJFINANCE , for sell keep eye on itif you look carefully youwill notice that, stoock is moving in a range, so this is best entry according to me, every trade has risk thats why we put stop loss to
BajFinance - Setup mentioned in the chartBajFinance - As mentioned,Sell below red line and target is blue line
Buy above yellow line and target is blue lines
BAJFINANCE: BUY at 2512 SL 2472 TARGET 2652BAJFINANCE is a BUY on NSE in CASH Market
2018-12-03
BUY at 2512
Stop-loss 2472
Target at 2652
Check with your technical analyst before investing.
BAJFIN | BEARISH CHANNELBAJFINANCE can be shorted at 2658-2669. with SL above 2672. If it breaks the channel on downside then easy target would be 2235 or more. Long only above channel break upside.
Fun For Traders: Two Stocks for Learners1) Bajaj Finance has managed to wriggle out from the lows made in October. In my previous post I assumed that the higher lows may cause structural transformation in the stock and it may rally towards 2580. I also mentioned that closing above 2600 can take it back to 2650, 2760 and 2870. The stock has rallied 9% since 18th November post. Read for details in the following post.
The rally has not been that enthusiastic but so far it has been controlled, taking support near traditional moving averages. On longer tern charts the stock has been running towards a significant resistance zone.
On smaller timeframes stock has managed to sustain above the 2625 supply zone. It would be interesting to see how the stock reacts near 2670-2680. Above this level target would be 2750-2760.
2) IBulHsg The stock has been silent for the last two days. I expect some action after this silent consolidation. I am interested in upward expansion. If it expands upwards it may face resistance near 875-880 zone. If stock sustains above this level, one may look for psych. 900, 927 and then 975 levels.
Any weakness near 880 zone may attract fresh shorts.
It would be interesting to see the kind of expansion after this brief consolidation.
Hope some traders would gather a bit of knowledge from this post.
Do like for better posts.
Regards
JJ
DownSided Flag FormationI am a learner and it is not a trading idea. I am unable to determine which direction it might take. Can anyone share how to identify the direction if it is possible and please explain? Thank you.
