Piercing above 2122 shows strength on 30m chart. Enter between 2117-2124 for targets 2152-56, above 2168, above new high Stoploss Drop 50% at 2010, 100% at 2096
Bajaj Finance has been one of the relative outperformers in comparison to the Nifty 50 Index. After a period of consolidation, the price registered a breakout yesterday with huge trading volume. I am watching this stock with interest and looking for clues as to the nature of this breakout. One possibility is that the breakout is an "upthrust" and price could then...
BAJFINANACE is moving in an up channel for a month taking turns precisely at the edges. But since we figured it out, it won't behave that way :D. COmpleted it big leg down ,awaiting a Breakdown / Reversal
BAJFINANCE has been respecting the neckline for a month now. Spending most of its time above it, its back on the neckline. Awaiting a breakdown or reversal.
it needs to sustain above 1710 for an upside move!
BAJFINANCE -0.89% has been moving in a range for a while, completing the Blue_Bat and Green_Gartley. Currently back on the range support level , about to INVALIDATE the gartley if it breaks below X , or it can reverse back for the completion.
It was observed that BajFinance Forming Falling wedge Pattern, Can look for shorting opportunity in BajFinance For 1780 Initial Target
BAJFINANCE has been respecting the neckline for a while, moving inside a triangle. A break from the triangle wud give a clear direction.
NSE:BAJFINANCE has generated a sell signal on daily charts but 1780 is acting a tough support from yesterday on hourly charts and 1810 a tough resistance. For further downside it needs to close below 1880 on hourly basis else chances are it can bounce back. Downside targets can be 1700 and below.
i am strongly bullish on the stock with both short and long term
Trend Neutral Buy or Sell will be active only above or below the mentioned Levels. Follow Chart and Levels
BAJFINANCE has been moving in a falling wedge, just to make a big move up yesterday, completing the BAT, and right on the edge of the wedge/ Awaiting a breakout or reversal.Its still a valid revrsal as long as it dosent cross -X
BAJAJ FINANACE is moving up in a wedge/triangle. taking resistance from top sup/resistance level
A move below 1830 might test support trendline. Weakness: 1. SMA(50) crossed below SMA(200) 2. MACD(12,26,9) looking weak. Weakness will be confirmed if it crosses below Zero. 3. ROC(5) crossed below Zero. 4. RVI(10) crossed below 50. Worry: 1. Volume is also low meaning consolidation is in progress. Conclusion: Watch volume. This CHART is for Educational purpose only.
BAJAJ FINANCE is moving in an up channel for over a month now. Ranging in the yellow zone on this leg, and testing the edge of channel Creating smaller range and small bodied candles,indicating a breakout soon (in any direction). or it can continue to move between the range created. before breaking out of dashed pink lines Also respecing the Gann Fan Levels
BAJFINANCE is moving in an up channel for a while. on the recent leg up, its flattening a bit, in a range.(and it can continue moving in a same small range even outside the channel, before it makes a move) right now on the edge of channel for a possible breakdown./ reversal
The stock has formed a beautiful Ascending Scallops pattern and closed above the pattern High on 16.02.17 thus initiated the buy signal. The patterns is very reliable so one can take advantage of it. The target would be around 1200. Theoretically one should provide the stop loss below 1040 on closing basis so one can enter now or on dips or modify the Stop Loss,...