Get started

Bajfinserv

Bajaj Finserv cash - Long SetupCMP around 1640 on 19.07.24 A breakout of an inverted head & shoulder pattern is spotted on a two-hourly chart. next target seems to be around 1700 in continuation. In the case of retesting the breakout level, support is around 1615-1620. If it goes below 1615-10, it may go weak again. One has to trade with patience while maintaining risk management. This illustration is only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
NSE:BAJAJFINSVLong
by anandlive
Triangle consolidation in Bajaj Finance.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 and the stock has closed near the levels. Support :- 7160, 7050 Resistance :- 7310, 7500 The stock option and stock can be traded as the month as just started and the time decay will not eat away the gains. Wait for the price to break out of the triangle and let the price action formation near the price levels.
NSE:BAJFINANCE
by Mambotrade
Levels for - 11 Oct 2021EXPLANATION : 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 retest the same , I am bearish on BAJAJFIANNCE . If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
NSE:BAJFINANCE
by pranav_nanavare
BAJAJ FINANCE - Extending the Pain..!BAJAJ FINANCE , amongst the favorite counters to initiate a trade on the long side is seeing a different scenario now. With the 21-day lockdown, consumption has slowed down considerably, and discretionary buying is out of sight. With the economy now slowing down even further, the earlier growth rate is hard to achieve.The stock is having one of the most challenging phase and the bearishness is expected to continue lower as can be seen from the descending triangle breakdown that has emerged on Friday. The break has been with a long body candle beyond the support region. Further the momentum setup is indicating a resumption of bearish momentum highlighting the intensity of decline.
NSE:BAJFINANCEShort
by Raja_Chart_Advise