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BAJFINANCE

BAJAJ FINANCEThis stock has formed very good flag pattern on daily time frame and yesterday's candle has given breakout, but volume is not satisfying intensity, but above next small hurdle, stock can show good momentum. scenario macd in weekly turned and uptick macd in daily positive and uptick rsi in daily above 60 and uptick Disclaimer i am not a sebi registered analyst my studies are for educational purpose only please consult your financial advisor before trading or investing
NSE:BAJFINANCELong
by RK_Chaarts
1
Simple Trade Setup | BAJAJ FINANCE | 03-01-2022 [ INTRADAY ]NSE:BAJFINANCE Observations: 1) On 1 day time frame, it is just below the 21DMA which is placed at 6988.11 level 200DMA is placed at 6465.15 level which is major support. If it trades above 21DMA then there will be chances of up move. But if it faces resistance then it will be down fall again. So we can see that 6990-7000 will be major range. It will work as resistance if it trades below is and it will work as support if it trades above it. Please refer below chart : 1 day Time Frame. 2) Also On 15 min time frame, we can see it finally trades and close above the range of 6875-6962 level range. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 03-01-2022 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.
NSE:BAJFINANCE
by Trading_hawk
4
BAJFINANCE - BUY Setup BAJFINANCE - 1. Major Support - 7300. Major Resistance - 8000. 2. Past Trend - Up trend. Then went into consolidation after fall from 8000. Broke 7300 an important swing low and reversed. 3. Current strength - in up as shown by up move from 7220 to 7754.5. 4. Future trend - up move to test 7750, 7900. Watch for strength of this up move for break of 8000 or continuation of consolidation. 5. Trade Setups in 3 minute time frame for intraday - a. Buy - if sustains above 7600 for above 7700, 7750. Stop 7590.
NSE:BAJFINANCELong
by NaveenGr
Simple Trade Setup | BAJFINANCE | 2nd Week Nov 2021 [ intraday ]NSE:BAJFINANCE These levels are for this week of Nov 2021. Observations: 1) On daily time frame, we can see that it took good support from 10DMA but closed below 21DMA. 10DMA is placed at 7545.32 level and 21DMA is placed at 7676.76 level. 21DMA is immediate resistance while 10DMA is immediate major support now. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 09-11-2021: 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.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | BAJFINANCE | 22-10-2021 [INTRADAY]NSE:BAJFINANCE All the levels and trade setup remains same. Trade Setup for Date 22-10-2021: 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.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | BAJFINANCE | 21-10-2021 [intraday]NSE:BAJFINANCE Observations: 1) On 1 day time frame, it managed to close above 21DMA after volatile session. 21DMA is placed at 7752.89 level. Also if we apply FIB Retracement then we can see that it took good reversal from 61.80% level of FIB retracement. As per FIB LEVEL Major resistance is at 7748. Breakout of the same will make it bullish. Major Critical support is at 7584.70 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 21-10-2021: 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.
NSE:BAJFINANCE
by Trading_hawk
4
Simple Trade Setup | BAJFINANCE | 19-10-2021NSE:BAJFINANCE Observations: 1) On 1 day time frame, we can see that after opening gap up since last two days it is facing profit booking. But good thing is that it took support from 10DMA and closed above 7850 level. Which is partially good sign for BAJFINANCE. If we see in recent days, it spend very less days below 10DMA. Hence breakdown of 10DMA on daily time frame it will give bearish move for short time. And if it sustain then we can see bullish move continue. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see it is trading in parallel uptrend channel. It is near the support trendline of parallel channel. If it gets good support from it then it will be bullish till the resistance trendline of parallel channel. If it breaks down support trendline of parallel channel then it will be bearish. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date 19-10-2021: Most of the levels will remains the same as per previous setup. 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.
NSE:BAJFINANCE
by Trading_hawk
1