BAJFINANCE
BAJFINANCE | Good for Long | Big Break Out Awaiting ???NSE:BAJFINANCE
Reason for Trade : Awaiting for a Break Out
Cmp : 6065
Entry : Closing Above 6145
Stop Loss: According to one's Risk Reward ratio
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
BAJAJ FINANCE - SELL SETUP on Hourly chartNSE:BAJFINANCE
BAJAJ FINANCE - SELL SETUP FOR SWING TRADE
Trade Maturity expected Time : 1-15 days
As we can see the market tried to make double top but facing pressure from sellers , hence we are looking for opportunity to sell in expected correction if at all happens towards potential targets.
Buy and sell levels are indicated on charts with stop loss to be maintained for this trade setup.
Risk Reward is good enough and stop loss can be trailed in order to minimize risk if needed
Happy Hunting :)
Chintamani
Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 15 min Time Frame, it has come out from the Resistance channel .
Please refer below chart : 15min time frame.
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Trade Setup for 30-05-2022
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.
Bajaj finance in triangle formation.Bajaj finance has been trading in the in triangle formation.
On a daily time frame analysis, there is a bearish moving average divergence.
The stock has been taking support on its 20 ema on hourly time frame.
The markets are volatile. So, wait for the price action and a break out of the triangle.
Support :- 5753, 5655
Resistance :- 5900, 6000, 6120
Wait and watch for the price action for the confirmation.
Stock can retest it 20 ema on daily time frame.
The trade can be a swing and intraday trade.
Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 15min Time Frame, we can see a triangle pattern formation.
Please refer below chart : 15min time frame.
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Trade Setup for 23-05-2022
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.
Breakdown in Bajaj Finance...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#Bajajfinance Harmonic SupportNSE:BAJFINANCE
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
BAJFINANCEThis stock has crossed his weekly swing high, and overall wave structures are suggesting impulse ahead, also macd and other indicators are supporting our bias to go long.
all the key levels are mentioned on chart.
Overall wave structure
macd in daily positive uptick
macd in weekly converging upwards
RSI in daily
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Simple Trade Setup | BAJAJ FINANCE | 25-03-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 1day time frame, we can see a resistance channel.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see both resistance and support channel.
Please refer below chart : 15min Time Frame.
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Trade Setup for 25-03-2022
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.
BAJAJ FINANCE - RETEST & REVERSAL - MORNING STAR PATTERNThe analysis is done on daily TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
BUY BAJAJ FINANCE ABOVE 7000 FOR 5%-10% GAINSAsian paints has taken support of the possible triple bottom
Bounced from 200 MA
Sitting on demand zone
Above flip level
Healthy retracement of 61.8% done from last swing high
Good volume on previous 2 sessions
7000 will act as a psychological breakout/support.
Buy above - 7000
Targets mentioned in the chart above
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Simple Trade Setup | BAJFINANCE | 28-01-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 1 day time frame, it is taking support near from 200EMA and since last 3 days making lower lows.
Today it made doji candle. right now immediate support is at 200EMA which is placed at 6684.79 level range.
If it trades above Today's high then only it will be buy trade.
Please refer below chart : 1day Time Frame.
2) Please refer below chart : 15 min Time Frame.
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Trade Setup for 28-01-2022
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.