BAJAJFINSV trade ideas
bajaj finserve for 7000if missed the bank nifty move than
this will be the one to capture for 7030 minimum
next will trail after reaching there
BAJAJFINSVBajaj Finserv
Cmp 6545.55
Can go long if crossed PDH
Can short if crossed PDL
The above are only for educational purpose only not to recommend buy or sell so im not responsible for any profit or loss...
IMP VIEW ON BANKNIFTY BANKING AND NBFC STOCK AXIS HDFCBK ICICIBKDISCLAIMER : I AM NOT A SEBI RESITERED ADVISOR SO TRADE ON YOUR RISK
BUT I HAVE GOOD EXPERIENCE IN STOCK MATKET FROM LAST 17 YEAR SO I AM JUST SHARING MY EXPERIENCE WITH YOU ALL
INVESTMENT IN STOCK MARKET IS SUBJECT TO MARKET RISK
Bajaj Finserv: Stuck b/w 50 & 200EMAKnowledge of Trend is important:-
Higher Timeframe (Weekly) Trend - Still Red
Current Timeframe (Daily) Trend - Green
Stock is currently stuck between 50EMA & 200EMA. It still faces some resistance from 200EMA, which is @ 6611 currently (not so far). Once that is breached, the stock should go up faster.
Note: It gave a wonderful ' Fake breakdown reversal ' @ 4400.
Entry - once stock crosses 200EMA i.e. 6611 currently
Stop Loss - 6200
Target - Trail with 30EMA or 50EMA
Wait for 6700 before going longIf you are an aggressive trader you would have been already into the trade. Price is about to break the pattern now wait for the previous high to break and enter the trade.
[Buddha] BAJAJFINSV Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
#Bajajfinsrv cash : looks good above 6350.10#BAJAJFINSRV CASH
17.08.2020
LOOKS GOOD ABOVE 6350.10
& DIPS 6320
STOPLOS 6280
TGT 6435-6440/6580/6700
CMP 6269
Short levels for bajaj finservBased on bearish cipher pattern, levels are mentioned in the chart.
PRZ levels for short.
target 1 - 6404
target 2 - 6341
target 2 - 6260
.786 fibo level - 6587
.886 fibo level - 6643 which can be used as SL.
BAJAJFINSV LONGThe chart is forming higher lows gradually on the 15 min chart.
Strategy:
Wait for bullish confirmation and make and entry around 6300.
The strategy will fail if the lower trendline is broken and keep the SL at 6100.
The target is 7150, presenting a 3:1 RR opportunity for this trade.
Go Long on BAJAJFINSVGo long above 6500 and short at the level of PRZ 7662
Trend line + Harmonic strategy
