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Bajfinancetrade

Simple Trade Setup | BAJFINANCE | 01-10-2021 [INTRADAY]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. ------------------------------------- Trade Setup for Date 01-10-2021: 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 respsective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
1
Simple Trade Setup | BAJFINANCE | 27-09-2021 [INTRADAY]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. ------------------------------------- Trade Setup for Date 27-09-2021: 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 respsective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | BAJFINANCE | 20-09-2021NSE:BAJFINANCE Observations: 1) On Daily Time Frame: It has closing below 10DMA since last 4 days. And as per history, it remains below 10DMA for few days only. There may be case that it will break and will cross over it. Please refer below chart : Daily time frame. Just for reference. Please refer below chart : 15time frame. ------------------------------------- Trade Setup for Date 20-09-2021: 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 respsective level considering how price action works near that level.
NSE:BAJFINANCE
by Trading_hawk
1
Simple Trade Setup | BAJFINANCE | 06-09-2021NSE: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 below 7486 will invite profit booking. Please refer below chart : daily time frame. 2) On 15min time frame, we can see that it has been consolidating in a range since last 3 days. Breakout on either side will give a good movement. ------------------------------------- Trade Setup for Date 06-09-2021: 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. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:BAJFINANCE
by Trading_hawk
BAJFINANCE | WHAT NEXT ? 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 bought. So I can expect profit booking and consolidation in coming days. 3) Any safe buy entry it will be better to let it get retraced/consolidated and don't have FOMO. 4) Another buy entry can be made only if it trades above today's closing and quick target can be today's high. 5) If you are looking to invest and hold for mid to long term then you can buy it with 50% of your planned capital at CMP and then another with 50% of your planned capital once it give dip above 6750 level. Please refer below chart.
NSE:BAJFINANCE
by Trading_hawk
1
Simple Trade Setup | BAJAJFINANCE | 16-08-2021NSE: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 50DMA. If it is able to get support from 50DMA then it will be strong reversal. You can see the way it got support on 11 Aug candle from 50DMA range. Please refer chart below: 1 Day Time frame. 3) On 15min time frame it looks like, the inverted head and shoulder pattern is being formed. Please refer chart below: 15min time frame. Trade Setup for Date 16-08-2021: 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 target w.r.t price action working near that level tomorrow. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:BAJFINANCE
by Trading_hawk
22
Simple Trade Setup | Bajaj Finance | 12-08-2021NSE:BAJFINANCE Simple Trade Setup: On Daily Time frame it remains below 21DMA which is placed in range of 6190 level. But today's daily candle looks pretty much reversal. Please refer below chart. Now on 15min time frame previous trade levels will remains the same. Levels and targets are mentioned on the chart. Hope it is easy to understand. All the levels will work as support , resistance, entry and exit w.r.t to price action near to that level tomorrow. Do comment you doubt or suggestion. All the best.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | Bajaj Finance | 10-08-2021NSE: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 trade at early. Let it get settled. But if it breaks down 6180 level then it can be entry for sell side but safe sell trade entry will be breakdown of 6150 level with 15min red candle. All other levels will work as target, resistance, support, entry & exit point w.r.t to how price action is working tomorrow near that level. --------------------------------------------------------------------------------------------------------------- On Daily Time frame, today it has closed just above 21DMA. 21DMA is placed at 6190 level. Which is a good sign. So far it has been taking support from 21DMA on daily time frame. Also it has been following trendline and taking support from it on daily time frame. Refer below chart. Tomorrow, 10-08-2021, will be good day to observe and take the trade as per trade setup only and trade with SL. Do comment your doubt or suggestion. all the best.
NSE:BAJFINANCELong
by Trading_hawk
36
BAJAJ FINANCE TARGET HIT | TRADE SETUP 28-07-2021NSE:BAJFINANCE Today Target 1 of 6278 hit easily and even if some might have hold then one can have achieved till 6300 easily. After that it went down and surprisingly it closes in range of our entry zone which is at 6230 level. This level was previously acting as a resistance Zone. About Open Interest 6300 level will be deciding level as today it had addition of highest put option writing even though it is in the money. On the other side total call writing is higher than put writing . But change in OI is higher on Put side at 6300 level. Apart from all 6400 is now having highest call writing . Trade setup for tomorrow. Now if tomorrow 6230 range works as Support zone then we can see easy up move towards 6300 level. No matter what it is advisable to book the profit at this level as well as partial profit at 6278 level which was our 1st target. Further if it holds and trade above 6300 level then we can see another up move and target mentioned on chart. Hope you had a good profit from this trade today. Do comment if my ideas are helping you to understand trend, levels and price action. Let me know if you have any doubt or suggestion.
NSE:BAJFINANCELong
by Trading_hawk
2
BAJAJ FINANCE REVIEW 23-07-2021 | TRADE SETUP FOR 26-07-2021NSE:BAJFINANCE Today, 23-07-2021, BAJFINANCE took support from trend line but couldn't trade above our entry point 6230. It made 6225 high but faced resistance from there. Our levels and target remains same. Buy/long trade will be only activated above 6230 levels. It closed today above 6180 level which is also our marked level. If this level works as support then we will remain bullish. If this support 6180 level breaks then next support it trendline itself. And if the trendline break then next vert important support is in the range of 6094-6100. My personal view is to go short/sell trade only below 6100. Otherwise you might get trapped in the wrong signal on bearish side. Right now as far as it is trading above trendline and 6180 it has more probability for the bullish trade. Don't rush in to trade if it gap up on Monday let it get settled for 15-20 minute. I hope my ideas are helping you to understand price action and levels. Do comment if you have doubt/suggestion.
NSE:BAJFINANCELong
by Trading_hawk
2
BAJAJ FINANCE TARGET AND LEVELS | 23-07-2021NSE:BAJFINANCE BAJFINANCE looks positive to buy above 6230. Option chain data shows short covering/call unwinding till 6500 level. Also highest open interest is at 6500 which will act as a good resistance in this July month. If it goes down to test the support till 6180 or even low to 6130 then wait until it gets support from there and gives sign of reversal with strong green candle on 15min chart and it should have a green candle after it. Once go long above this level as well but for safe trader better to go long above 6230 level only and once it shows 15min green candle and it should have a green candle after it. Do not get in to short/sell position at this moment. Targets are mentioned on the charts. Better to keep booking your profit tomorrow. Do comments if you have any doubt. Hope my ideas are helping you to understand price action and levels.
NSE:BAJFINANCELong
by Trading_hawk
BAJAJFINANCE levels.NSE:BAJFINANCE It has been trading in range between 6100 to 6200 since 9th July. 6100 have highest Put open interest and 6200 have highest Call open interest in July expiry options. 6100 is working as immediate support and 6200 is working as immediate resistance. And stock is also taking resistance from the trendline shown in the chart. It is worth to watch and keep an eye on this stock. Any break on either side will give a significant move. Buy only once the 6200 to 6225 range is breakouts properly. And sell only below 6094 after it breaks down it. It will give good profit on either side. Don't jump in the trade without getting clear breakout or breakdown confirmation. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts. All the best for trading in next week. Have a good weekend.
NSE:BAJFINANCE
by Trading_hawk