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Bajfinanceanalysis

Spotted - Multiple Demand Zones & Supply Zone📈 BAJFINANCE – Demand Zones in Play, But Caution at Higher Levels! 📆 Date: June 7, 2025 🔍 Timeframe: 15-Minute ________________________________________ Multiple Demand Zones with Overhead Supply Pressure — But Caution on Higher Timeframe Bajaj Finance (BAJFINANCE) is trading within a key range where multiple demand zones are being defended while a supply zone overhead could cap upside. Though price is consolidating after a bounce, the higher timeframe structure shows the stock near its upper range, so traders must stay cautious and focus on well-defined setups only. ________________________________________ 📌 Key Supply & Demand Zones Supply Zone (Intraday Resistance) • Zone: ₹9400.50 – ₹9419.50 • Stop Loss: ₹9428 • Entry (Post Rejection): ₹9400.50 Target Levels (Short Trade) • Target 1: ₹9368 (1:1) • Target 2: ₹9325 (1:2) – aligns with Demand Zone 1 • Target 3: ₹9287.50 (1:3) ________________________________________ Demand Zone 1 • Zone: ₹9325 – ₹9287.50 • Stop Loss: ₹9278 • Entry (Post Confirmation): ₹9325 Target Levels (Long Trade) • Target 1: ₹9368 (1:1) • Target 2: ₹9408 (1:2) • Target 3: ₹9448 (1:3) ________________________________________ Demand Zone 2 • Zone: ₹9278 – ₹9240 • Stop Loss: ₹9231 • Entry (Post Confirmation): ₹9278 Target Levels (Long Trade) • Target 1: ₹9325 (1:1) • Target 2: ₹9368 (1:2) • Target 3: ₹9408 (1:3) ________________________________________ Major Demand Zone (Positional / Higher Timeframe) • Zone: ₹8918 – ₹8892 • Stop Loss: ₹8883 • Entry: ₹8918 Target Levels (Positional) • Target 1: ₹8990 • Target 2: ₹9062 • Target 3: ₹9130 ________________________________________ 📌 Setup Notes • Wait for confirmation candle or volume spike before entry • Focus on clean zone reactions rather than trading within mid-range • RSI/MACD confirmation strengthens directional bias • On higher timeframe, BAJFINANCE looks overextended — be conservative with targets ________________________________________ ⚠️ Caution • Stock is near higher timeframe resistance zone — potential for pullback • Avoid longs if price gaps below ₹9240 • Weak volume on bounce = high risk of failure ________________________________________ ⚠️ Risk Management Tip • Define entry/SL/target before entering any trade • Stick to position sizing based on risk per trade • Avoid emotional trading — let price come to your level ________________________________________ 📢 Disclaimer This content is for educational purposes only. Not a buy/sell recommendation. Trading involves risk. Consult a SEBI-registered advisor before making financial decisions. The author is not SEBI-registered and cannot be held responsible for any losses. ________________________________________ 👇 Your Turn: What’s the Move on BAJFINANCE? • Will buyers hold these zones again? • Is the breakout above ₹9419 sustainable? • What’s your trade plan for next week? 💬 Share your view in the comments! ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow @simpletradewithpatience for real-time setups and insights!
NSE:BAJFINANCE
by simpletradewithpatience
DAILY TECHNICAL ANALYSIS - TRIANGLE BREAKOUTBAJAJ FINANCE LTD (BAJFINANCE) — DAILY TECHNICAL ANALYSIS 📅 Date: June 7, 2025 ________________________________________ 🔹 Price Action Summary: • Closed @ 9371.5, up 4.9% from previous close • Strong close near day’s high (9434) — signals renewed bullish interest • Price broke out of a tightening range with solid momentum ________________________________________ 🔹 Chart Pattern: • Triangle Breakout confirmed — directional move triggered after compression ________________________________________ 🔹 Why Watch This? – Technical Indicators: Multiple momentum indicators are aligning to support the bullish case: ✅ Bullish Momentum ✅ Possible Breakout Zone ✅ Buy Today, Sell Tomorrow Setup ✅ RSI Breakout ✅ Bollinger Band Expansion ✅ TTM Squeeze – Compression Break Likely ________________________________________ 🔹 Support & Resistance Levels: • Resistance:   - R1: 9578   - R2: 9785   - R3: 10136 • Support:   - S1: 9020   - S2: 8669   - S3: 8462 ________________________________________ 🔹 STWP TRADE ALERT: • Long Entry Idea: 9343 • Stop Loss (DCB): 8866 • Swing Stop Loss: 8859.5 • Reward Ratios: 1:1 | 1:2 | 🔼 Trail if price builds higher ________________________________________ 🔹 Watchlist Grade: 🔥🔥🔥 (Breakout Setup with Volume & Momentum) ________________________________________ 🔹 Strategy Note: • Triangle breakout after consolidation = high R:R opportunity • Great candidate for short-term swing trades or BTST setups • Follow-through above 9435 could accelerate momentum • Pullback near 9250–9280 zone may offer re-entry for latecomers ________________________________________ ⚠️ Risk Management Tip: • Don’t chase price — plan every trade with discipline • Always define your entry, SL, and target in advance • Breakout trades require fast action, but tighter risk control • Protect your capital — especially in high-beta stocks like BAJFINANCE ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice, stock tips, or a recommendation to buy/sell. Stock market trading involves risk. Always consult a SEBI-registered advisor before making trading decisions. The author is not SEBI-registered and is not liable for any trading losses. Always do your own research. ________________________________________ 👇 What’s Your View? – Drop your view or chart in the comments: • Are you tracking BAJFINANCE? • Will this triangle breakout push price towards 9578+ or fizzle out? • Have a different take? Share your thoughts! 💡 Let’s learn and grow together as traders. ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow @simpletradewithpatience for more breakout alerts and insights
NSE:BAJFINANCELong
by simpletradewithpatience