ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
BAJFINANCE imp zones mentioned on chart , all reversal and expected move mentioned with Arrow line, RED: Sell, Green: Buy
Sell< 7094 SL:7145 Target:7060,7020,6930
Buy> 7145 SL: 7095 Target : 7180,7205,7250
Wait for Proper Rejection :
@Support : Bullish
@Resistance : Bearish
USE SL TRAILING
Any query do comment
*All views for educational purpose only
BAJAJFINANCE imp zones mentioned on chart and expected direction and reversal points on chart
Buy>7180 SL: 7155
Target : 7200,7240,7300
Sell<7155 SL: 7181
Target : 7140,7110,7020
Wait for Proper Rejection :
@Support : Bullish
@Resistance : Bearish
Any query do comment
*All views for educational purpose only
Bajfinance on weekly chart is showing initial signs of reversal and personally anticipating a higher bottom on weekly timeframe which is also at a good fibo support zone and can potentially provide a start of formation of Weekly double bottom or (W) pattern, also stock is nearing its 200 weekly ema which has acted as good investment / accumulation zone in past....
The chart clearly indicates the support level is around 5650. Also, Bollinger Band Shows a likely reversal for the price. If sustains above 5650, may go to 6050, or 6350, and more upside may be seen.
One should keep risk management in control every time, in every format.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
BAJFINANCE
Buy-Above 5900
Sl-5500
T- 6600 7250
Stocks has formed reversal structural in daily daily. It has closed above the Last swing high. Also breakout of the trendline an retest has been done. As of now we will give some space in sl but as it moves further and makes another leg then will trail sl to last swing low in daily TF.
BAJFINANCE is on good level right now it is on trendline support and if you drow Fibonacci from bottom to top you will find this between
0.386 and 0.5 so you can consider this to.
✅ 5950-6121 is a multiple time tested zone and it break and retest and fall but took support on 1hr. TF support.
✅ Now price also break his lower high. and that will be continuation zone and also 0.5 Feb. level.
✅ Wait for price come to 6012-6073 and look for reversal for log entry on 1hr.ly time frame.
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
The stock is trading at a resistance zone again. If the price is rejected from here, it may come down to 5880. The resistance and support are shown on the charts.
Only for learning and sharing purposes, not a piece of trading advice.
All the best.
The setup is clearly shown on the charts, especially the risk-reward ratio is good.
Only for learning and sharing purposes, not a piece of trading advice in any form.
Always keep your losses in your control.
All the best.
All levels are mentioned on the chart. This setup is to understand supports and resistances according to trend lines.
Only for learning and sharing purposes. Not a bit of trading advice.
All the best.
NSE:BAJFINANCE seems still bearish to me. Though buying emerged from the lower levels of 6400 like last time but still it's bearish until it crosses 6800.
