NSE:BAJFINANCE Today, 03-08-2021, It gave strong closing above 6300 level. Levels and chart is simple to understand for the trade setup for 04-08-2021. do comment if you have doubt or suggestion. My personal view is bullish on BAJFINANCE.
NSE: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...
NSE: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...
NSE: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...
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...
Wedge Pattern Always be extra cautious with breakout trade with confirmation .
- Keep eyes on Bajfinance - Swing trade - Support become Resistance ( Wait for Correction )
BAJFINANCE Sell- Between 6230-6240 SL- 6260 Target - 6200 6145 6100 6045 Sell range is Monthly PRZ area. Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us. Like Us Share with fellow traders Also check the below related ideas for other stocks.
- Keep watching this stock guys if trend line breaks we see over here good fall - Look for long down trade
ON SEE THE CHART OF BAJFINANCE 1 DAY TIMEFRAME THERE IS A HEAD AND SHOULDER PATTERN. IT WILL BREAK OUT SOON. SO THE POSITIONAL TARGET = 6363 STOPLOSS YOUR RISK
Bajaj Finance is near to its All time high . Traders can take short position once the Triangle pattern got broken for Targets of minimum 400 points. We can execute Long if the price manages to close above the All time hig h in 2 hrs candle. Use RSI trendline breakout for double confirmation of your trend. Kindly share your valuable thoughts.. Disclaimer:...
Execute Long if the Trend line breakout happen in RSI and Price chart with 15 mins candle close for a Target of Minimum 80 points. Execute Short if the RSI and price chart break the trendline in downside with 15 mins candle close for a minimum target of 50 points. Stock has 5450 strong support and it shows some bullish indications. Kindly share your valuable...
BAJFINANCE is testing its previous demand level. In upcoming days, it can trade around 7k levels. BUY in the range of 4880-4900 Target 1 - 5279.75 Target 2 - 6055.10 Target 3 - 7091.30 Stoploss - 4640
bajfinance on bullish channel on 1hr tf can look for first redline tp second only for risky players Kindly support us by giving likes Disclaimer Only for educational and learning purpose
NSE:BAJFINANCE Hi Traders, As expected in previous idea ( "Bajaj Finance Long" ), Stock has broken resistance line and start moving in upward direction. There is a possibility of temporary retracement to suggested resistance line (3523). If so, you can open new orders based on price action. Stock Analysis * Stock was in a range and developing higher high and...