BajajThe stock is looking good The stock has break out of triangle pattern and good for Swing tradind take Postion As per Your Risk Reward Ratio Longby rakesh3131ji1
Bajaj Finserv Ltd (BAJAFINSV): Strong Bullish MomentumBAJAFINSV has shown impressive bullish momentum, breaking above multiple resistance levels. The increasing volume and positive RSI suggest a continuation of the uptrend. Descending triangle chart with a breakout Breakout Confirmation A breakout from a descending triangle occurs when the price moves above the upper trendline of the triangle. This signals a potential reversal of the downward trend and a possible uptrend. Technical Indicators: RSI is above 50, indicating a bullish momentum. Moving Averages: The 9-period Exponential Moving Average (EMA) is crossing above the 21-period EMA, confirming the bullish trend. MACD: The Moving Average Convergence Divergence (MACD) histogram is above the signal line, indicating a bullish trend. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. Longby supertraders_india1
Bajajfinserv rally pending..Good triangle pattern formed in bajajfinserve in 1D 1W 1M timeframes. About 1000days consolidation pattern. Breakout above 1600 price will lead to hurracane rally in this stock. Keep an eye. According to Fibo trend based extension Next big levels will get open in this stock till 3000. Then further extension will drag it till 4000 levels. But it may take some time too. This is long term view. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.Longby ashishhcUpdated 4423
BAJAJFINSV: Weekly Symmetrical Triangle patternHi, BAJAJFINSV is making symmetrical tringle pattern after along consolidation. Support is 1520 and target as per pattern is 2660. Longby PowerOfTA3349
BAJAJFINSV Long IdeaBAJAJFINSV chart looks good. It broke out in weekly timefame. Stoploss and Targets are given in chart. Trade plan as per risk management. Fundamentally good stock. Longby sfk12292
BAJAJ FINSERVThis stock break the triangle pattern 3 years of consolidation breakout minimum target for this stock is previous high 1920 range for long term this gives more than 50% Longby sivababusharemarketoffcl4
Symmetrical Triangle Pattern Breakout seen In Bajaj Finserv Ltd.Hello everyone, i hope you all will be doing good in your Trading and Life as well. I have brought a stock which has given a breakout of Symmetrical Triangle Pattern. Stock name is Bajaj Finserv Ltd, and it is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions. Technically and Fundamentally stock is really Good to go for short term to long term as well. I think this is the best stock to hold for long term from here. This can be best portfolio stock. Companies management has given positive outlook for future in last quaterly result conference call. The pattern can indicate a number of things, including: Volatility contraction The pattern can symbolize a decrease in volatility as the price range contracts within the triangle. Indecision The pattern can form when the market is uncertain and buying and selling continues. Potential trend reversals or continuations The pattern can help traders and analysts spot potential trend reversals or continuations and manage risk. A breakout from the upper trendline indicates the start of a new bullish trend, while a breakdown from the lower trendline marks the start of a new bearish trend. Check the charts above (Bajaj finserv) it has given breakouts for falling upper band. before to few minutes of Closing of today's session or opening of next day session can be entry point. For the Targets you can calculate the thickness of symmetrical pattern as i have shown on chart above, and stop loss can be place at lower of breakout candle or near to lower band support line. Market Cap ₹ 2,74,385 Cr. Current Price ₹ 1,719 High / Low ₹ 1,742 / 1,419 Stock P/E 32.9 Book Value ₹ 378 Dividend Yield 0.06 % ROCE 11.7 % ROE 15.3 % Face Value ₹ 1.00 Industry PE 23.6 Debt ₹ 2,88,933 Cr. EPS ₹ 52.3 Promoter holding 60.6 % Intrinsic Value ₹ 902 Pledged percentage 0.01 % EVEBITDA 12.8 Change in Prom Hold -0.04 % Profit Var 5Yrs 20.4 % Sales growth 5Years 21.0 % Return over 5years 19.8 % Debt to equity 4.79 Net profit ₹ 16,095 Cr. ROE 5Yr 13.8 % Profit growth 18.3 % Earnings yield 7.66 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.Longby TraderRahulPal55100
Bajaj finserve multiyear breakoutIPO is near of a division and the parents started running. bajaj finserve ready for a breakout. levels are similar with trendlines shown best RR ration soon will be all time high. Longby gupta_9619662220
Ready for breakoutBajaj finserve ltd going for breakout Target & sl according to your appetite Longby Vivekchauhan131
Bajafinsrv looking bullish on weeklyBajafinsrv is looking bullish on weekly chart and if closes above 1700 on weekly basis, then confirmation. As Bajaj capital is started in broking business, outlook of finserv is good in upcoming quarters.Longby devendrasb220
Consolidation is getting overBajaj Finserv - CMP 1640 Investors First the chart on right - the stock halted at the 1.618 fib extension and is still respecting the zones. Trendlines act as a timing tool only when the two points taken to draw them are correct. I see the stock reversing before even touching it. This is very bullish. A stock then reverses before its strong resistance is bearish and the stock reversing before its strong support is very bullish. Second the chart on left- the stock has been consolidating above the 38.2% of its immediate swing indicating strength. With the trendline coming into play on the monthly charts .in my view the time is ripe to enter this stock.Longby singh17vivek1
Bajaj Finserv on LaunchpadBajaj Finserv is on the cusp of a multi-year breakout and looks ripe! Potential up move of close to 50% on a Positional Basis. First target - 1885Longby Sky_Tracer0
Bajaj Finserv-Flag FormationBajaj Finserv has consolidated for the 2.5-3 years almost and is forming a flag and pole formation on monthly chart. If closes above 1750 this month, we can see move upto 2800-3000 levels. Longby Chartworld10
Breaking symmetrical triangle pattern suggests bullish potential✅ The stock has been trading within a symmetrical triangle pattern, with the price nearing the apex of the triangle. This setup indicates that a major breakout could be imminent, which would determine the future trend. ✅ The long-term ascending trendline has provided strong support, and the stock is currently attempting to break above the triangle's upper boundary. A successful breakout could lead to a substantial upward move. ✅ The RSI is at 50reflecting a neutral position but trending upwards. A push above 60 would indicate that bullish momentum is taking control, supporting a potential breakout from the triangle.Longby Marketik1118
BULLISH PENNANT PATTERN IN BAJAJ FINSERVbeautiful bullish pennant chart pattern on weekly chart. Breakout is just around the corner. Very strong fundamentals, it will be the next leader outperforming the market.Longby shashankg0332
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.Longby anandliveUpdated 5
BAJAJFINSERV_Buy support_Sell ResistanceJuly 31, 2024 : close to 52 W Low, correct time to fresh buy / accumulate from 1626 levels and also in further dips. RoCE/RoE > 11, PEG ratio=1.55, OPM=36.4%, CAGR>20 for last 5 yrs Median sales growth=27.6% for last 10 years Promoter => 60%, FII & DII => 16%, Public = 23% Dividend yield = 0.06% Seed now, water it, waiting time for bloom, growth and harvest. Longby UnknownUnicorn175409492
Market leader ready for new all-time high after three years!After some deep correction and spending more than a year in a range. NSE:BAJAJFINSV might be gearing up for new all-time high if it breaks above the neck line. Longby Abhyuday010
BAJAJ FINSERV 1HRINTRADAY TRADE - EARN WITH ME DAILY 10K-20K – BAJAJ FINSERV Looking good for Downside.. When it break level 1640 and sustain.. it will go Downside... SELL @ 1640 Target 1st 1635 2ND 1626 FUTURE AND OPTION BAJAJFISV JUL FUT – LOT 7 (Qty-3500) BAJAJFISV 1680 PE – LOT 7 (Qty-3500) – PRICE (52.00) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert.. Shortby Prashant019Updated 5
Breakout in Bajajfinsv (Buying Setup)This is a Reversal Breakout Pattern (with Retest) in which SL must be Placed Below the Pattern (White Horizontal Line) & Expect Price to Reverse to Upside...... Winrate of this Pattern is Around 70% Place ur Strict SL below Pattern & Let the Price Decide Ur Profit Longby MrCrazy2727Updated 4
BAJAJFINSV - Weekly AnalysisIn the Weekly Chart of BAJAJFINSV , we can see that, it has become bullish. Let it retest the trendline OR give a breakout and halt candle so that we can have a Entry, SL and targets. Expected momentums is shown in chart.Longby JatinManani0
Bajaj Finserv Bajaj Finserv Ltd. appears to be a fundamentally strong company with consistent financial performance, a healthy balance sheet, and promising growth prospects. Investors might find it an attractive option for both income and growth potential. Cmp 1640Longby simpletrader98630
Bajaj Finserv LimitedBajaj Finserv Limited short Term view cmp 1625 SL 1450 TAR 2000 , 2100 Time Frame 2 Months Similar To flag Breakout pattern & Rsi Near To Break out Longby rajulbhavin3