Bajaj finance has been forming an inside candle and is consolidating in a descending triangle patter.
The stocks has been trading around its 20 ema on the hourly time frame.
The volume are falling and the triangle break out with high volume can initiate a swing as well as intraday trade.
On 15 minute time frame analysis, the moving averages are close together...
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...
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...
NSE: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...
This 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...
Bajaj Finance is going to declare its quarterly result. But before the fundamental analysis the stock is in consolidation from last week.
On breakout can it can test its new highs.
Wait for the breakout and trade with proper target and stop loss.
Hello guys, Astral has hit all the 3 targets you guys can book near 8% now.
Now this script bajfinance has given a breakout from flag and pole pattern which works very well according to my minute experience.
You wont be able to see flag and pole in this image so please zoom it out and you'll be able to see it clearly.
Buy above - 7460
Targets are mentioned in...
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
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...
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...
NSE:BAJFINANCE
Observations:
1) If you rememer it had made head and shoulder pattern and gave breakdown of neckline from it on 30min time frame. Now today it has closed above the neckline and now this neckline will works as support.
Please refer below chart : 30 min Time Frame.
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Trade Setup for Date 01-10-2021:
1)...
NSE:BAJFINANCE
Observations:
1) On 30 min time frame, we can see that it will form head and shoulder pattern. And breakdown of neckline will give good selling opportunity.
Please refer below chart : 30min time frame.
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Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let...
NSE:BAJFINANCE
Observations:
1)On daily Time frame we can see that it has been holding the support of fib level provided earlier. which is placed near 7486 level. It is failing to close below it since last 3 trading days.
You can also refer the same level which was earlier provided by me in link at very bottom of this.
Any violation or daily candle close...
NSE:BAJFINANCE
Please refer below daily chart for BAJFINANCE.
1) I can see 7486 level in short term, only if it maintains to stay above 6750 level then it will be sure buy trade. Then any dip above 6750 level will be buy opportunity.
2) Only one negative thing is that on daily chart RSI suggest 78.79 which is almost near to 80 and it can be consider as over...
NSE:BAJFINANCE
Observations:
1) On 1hour time frame we can see that is near the critical channel zone. From which it has make it reversal in past. But this time will it be able to make it?
Please refer Chart below: 1hour time frame.
2) On Daily Time frame, we can see that it faces resistance and closed below 21DMA on 13-08-2021 but it is still above...
NSE:BAJFINANCE
Simple Trade Setup
If it opens in no trading zone then wait for first 15-20 minutes to let the early trading noise get settled.
Once it break 6230 level or trendline then it will be entry for buy trade. But a 15min candle breakout of this is required and it should be followed buy 2 - 5min candle trading above this level.
Don't jump in to...
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]](https://s3.tradingview.com/j/JuencSfD_mid.png "Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]](https://s3.tradingview.com/5/57KjpEN7_mid.png "Simple Trade Setup | BAJFINANCE | 23-05-2022 [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]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 01-10-2021 [INTRADAY]](https://s3.tradingview.com/f/flQy77qL_mid.png "Simple Trade Setup | BAJFINANCE | 01-10-2021 [INTRADAY]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 27-09-2021 [INTRADAY]](https://s3.tradingview.com/q/qk26UGH2_mid.png "Simple Trade Setup | BAJFINANCE | 27-09-2021 [INTRADAY]")
