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...
Bajaj Finance looks weak if sustain below 7180 for marked targets on the chart.
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InvestPro India Team
BAJFINANCE important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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...
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...
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...
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...
NSE: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...
NSE:BAJFINANCE
buy above 5460 (15min closing basis)
SL: below 5430 (15min closing basis)
Target: 5500, 5515, 5525++
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
NSE:BAJFINANCE
Aggressive entry around 5580-5630
Breakout entry of above 5800 Daily Closing Basis
Stop Loss at below 5230 on daily closing basis
Short-term target 6123, 6385, 6648++
Nice formation of IH&S Pattern
Looks Promising as correction came with low volume
One of the Strong Candidate among sector
Disclaimer -
This is our personal view and this...
EXPLANATION : This is a 30 min time frame chart of BAJFINANCE . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on BAJFINANCE . If give a strong breakdown and broke its trendline support & demand zone with high volumes and...
![BAJFINANCE: Simple Trade Setup | BAJAJ FINANCE | 03-01-2022 [ INTRADAY ]](https://s3.tradingview.com/a/aiEnT3nI_mid.png "Simple Trade Setup | BAJAJ FINANCE | 03-01-2022 [ INTRADAY ]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 2nd Week Nov 2021 [ intraday ]](https://s3.tradingview.com/o/OmYVtdFE_mid.png "Simple Trade Setup | BAJFINANCE | 2nd Week Nov 2021 [ intraday ]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 22-10-2021 [INTRADAY]](https://s3.tradingview.com/i/ifhun02m_mid.png "Simple Trade Setup | BAJFINANCE | 22-10-2021 [INTRADAY]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 21-10-2021 [intraday]](https://s3.tradingview.com/k/kC64WvgR_mid.png "Simple Trade Setup | BAJFINANCE | 21-10-2021 [intraday]")
