BAJAJ FINSERV SHORTAs its in weekly and daily downtrend, It can go in time correction and price correction too till 1350 odd levels . Maintaining tgt intact 3:1 from the supply zone, trail the sl until we find any reversal pattern .
BAJAJFINSV trade ideas
Baja Finserv is going into value buying zoneIt has made double top, it has started it's downtrend journey, there is immediate support around 1500 -1520 if it breaks then it should fall more and second support is near 1400 - 1420, for long term perspective it can be good buying opportunity, in short term there will be pain but in long term it is going up as this is fundamental good stock
Currently it's trading at 20% discount from ATH
Above analysis is just my personal view, Its not a buying or Selling recommendation.
High chances of shorts getting trappedall details are provided in the chart. will further update here
buy above 1663
SL 1610
Bajaj Finserv is bullishNSE:BAJAJFINSV
Bajaj Finserv is near to support area. It's also taking 50 percentage support in Fibonacci retracement. It has also formed morning star pattern
Bullish flag pattern reversal in BAJAJFINSVBAJAJFINSV
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of bullish flag Pattern .
📊 It can give movement upto the Reversal target of above 1790+.
At supportThis blue-chip is at the good support. Bounce is likely. Good point to add some more. Maintain SL
Bajaj Finserve Cmp 1639 dated 1-2-2022 Support & ReversedBajaj Finserve Cmp 1639 dated 1-2-2022
1. Taking support @ support Line & taking
reversal.
2. GOOD RRR.
3. RSI Reversal
Buy @ Cmp for target 1675-1700-1750-1785 SL 1600
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Bajaj Finserv in a box consolidation.Bajaj Finserv on the daily time frame has been consolidating in a box and is near a support level.
The stock has been trading between both the moving averages on the daily time frame and an inside candle.
Either side move can be captured in the stock as it can give a break out or break down.
Down side target :- 1571, 200 DMA
Up side target :- 1695, 1725
Enter the trade only after a break out or break down of the consolidation box.
Intraday and swing trades can be initiated in the stock.
Wait for the price action near the levels before entering the trade.
BAJAJFINSV - BO retest, Triple bottom strategy BAJAJFINSV - BO retest, Triple bottom strategy
price the price formed a triple bottom pattern after all breakout and the volume is showing a very drastically increase in recent times there is a probability that it can breakout and hit all time high after this level.
Plan that red as per your risk appetite.
I'm a stock market learner and not a Sebi registered advisor
Taken support- can stagger entryTook support from pivot point. Higher lows including today's candle. Does it play in the channel or will it have the strength to break out this time.
Bullish flag pattern reversal in BAJAJFINSVBAJAJFINSV
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of bullish flag Pattern .
📊 It can give movement upto the Reversal target of above 1795+.
BAJFINSV - New up trend startedAs per Elliot wave formations, BAJFINSV has completed ABC correction at 1625 levels and started a new up move.
(Refer the chart - it is self-explanatory)
Target: Open (keep trailing)
SL:Daily candle close below 1730 levels.
Bajaj FinservBeen consolidating since Monday There is no bull market without bajaj twins so have it in your watchlist can give huge returns if these levels are broken
BAJAJ FINSERV - Trading in RangeBajaj Finserv is trading inside a range for few months
BO on both sides will give good moves
Chart is self explanatory. Please follow proper risk management
BAJAJFINSV has taken support at 1620 thriceNSE:BAJAJFINSV has weaken 1620 levels as it has taken support thrice. This time it can show breakdown.
Bajaj Finserv Ltd - Bullish Traingle Triple Bottom Support
Break of Trend Line
Area of Support 1690-1700
Buy at break of trend line
Wait break n Pull Back for Buy
Tgt 1 near 1750
Tgt 2 near 1820
LARGE CAP swing trade in BAJAJ FINSERVBAJAJ FINSERV looking good on weekly charts. Chart is showing inverse head and shoulder pattern and there is good risk to reward entry at these level.
BAJAJFINSV - Bullish Pennant Breakout - Great Potential - Swing The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
