Bajaj Finserv made triangle pattern. currently on daily chart it has given a breakout from triangle but also need breakout from triangle on weekly closing basis. Will keep the stock on radar for weekly closing. Weekly breakout from pattern on closing basis will take stock to previous high 1929 to 2100++
CMP 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...
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...
Stock breaking out of Key Zone - Above this level stock can give sustained move in Upward direction
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...
Sustaining below 8815 can push further down towards 8691/8580 levels. Regards
buy at current levels target 5850 thanks jigar pateel 8898030401
Sell Bajaj Finserv Intraday 7175/- Overpriced for intraday
Im not an expert im just sharing my views on BAJFINSERV for today Im not responsible for any profit or loss this is not a recommendation
Expecting a big upmove in coming days
NSE:BAJAJFINSV
Many of us are waiting to mint money out of this stock when it start to reverse But we all know it will not move when we expect that it will move now So wait for the clear signal to entry
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...
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