BAJAJFINSV trade ideas
BAJAJ FINSRV - Build up near resistanceNote: This is for educational purpose only.
There seems to be a build up near resistance which ideally means that bears are unable to push the price down and bulls are taking charge. Moreover, there is a spike in buying volume which enforces this build up. I am expecting a bullish breakout in BAJAJ FINSV.
Bajaj Finserv Ltd. Moving in a RANGEBOUND CHANNEL!!Bajaj Finserv Ltd.
The stock is trading in a narrow range.
The Technical Indicators are mild bearish.
RSI is heading down.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***
I am expecting the prices to move down the channel.
However, if price trades above narrow 5540 next resistance is 6581 and support is 3985 on Daily chart.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
Bajajfinance analysisHi guys these are my levels for today
yesterday you have seen my analysis
was so good .Friends if my analysis
are useful to you i just want a like
from you
BAJAJFINSEV BUY ABOVE 5508 OR SELL BELOW 5390..9TH JUNE TOMORROWBAJAJFINSEV BUY ABOVE 5508 OR SELL BELOW 5390..9TH JUNE TOMORROW
NOTE: WATCH MARKET MOVEMENT TOMORROW (NEGATIVE OR POSITIVE) TRADE ACCORDINGLY ...IMP..ONLY WITH PRICE ACTION PATTERNS OR IMP LEVELS
BAJAJ FINSERV KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020Key Levels for BAJAJ FINSERV : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5488
FIRST TARGET~5551
INTERIM RESISTANCE~5585
FINAL RESISTANCE~5621
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LOWER BREAKOUT~5434
FIRST TARGET~5411
INTERIM SUPPORT~5381
FINAL SUPPORT~5351
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BAJAJ FINSERV KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020Key Levels for BAJAJ FINSERV : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5317
FIRST TARGET~5358
INTERIM RESISTANCE~5425
FINAL RESISTANCE~5473
*************************
LOWER BREAKOUT~5224
FIRST TARGET~5190
INTERIM SUPPORT~5141
FINAL SUPPORT~5092
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Range Bound or BreakoutMonthly :
1-Made Good support Near 4000
2- As well As clear Resistance visible is Monthly high 5529
3- Last 3 Month Open and close are almost same
That means in Monthly move there is not clear direction in Monthly View
4 -All Monthly indicators are not in buying side
5- Stock Is moving between 100 Month and 50 Months Moving Average.
Weekly-
* Last week stock has made Pin Bar in weekly basis with increasing volume
* In addition of that stock made 5529 swing high but close almost 400 rs/- below the high.
* RSI and MACD in upward curve from Oversold area.
Weekly view : stock may move between 4500 to 5500
Daily :
* Stock is in clear cut range between 4000-5175 from last 45 Days
* Bounce from downward range and break the upper range and made 5529 High.
* Hence stock is close between the range
* Rsi and MACD is not much increasing
* But Positive side is not close deeply below the support which were previously Resistance 5175
* In average point of view stock is taking resistance of 50 DEMA 5264
* But stock may take support near 4805 and 4736 which are 10 DEMA and 20 DEMa Respectivly
* Bolinger Bend is expansion mode Upper band is 5242
Plan A - If stock close consecutively 5175 then buy with stoploss of closing 5000 and target First 5529 and if continue then more then 1500 rs/- Possible.
Plan B - As I said stock made reversal from lower range so first support is mid the range 4500 and second 4000 , Buy near 4500 stoploss 4400.
Plan C - If whole Market will remain range bound then play the range 4500-5000-5500
For Delivery : Buy Stock in every 300 Rs/- Deep there is quite good support Near 4000 and it well below 20% from here.
Wise Advice : good stock to be buy if there is confirmed downside below 20% and Upside is expected 10000 that means 100% +
BAJAJFINSRV, One Way non stop 370 points (Trade Analysis)BAJAJFINSV was my pick today (along with MCX) for long and it was alerted at 9:58AM to go long above 4862. It was trading at 4842 when it was notified.
It took around 1hour to trigger but it was worth the wait as 2 BAJAJ brother were on fire today.
It sailed seemingly from 4862 to 5238 (374 points). Although it is not possible to predict exact top for a stock so even if anyone got 100-200 points, that is excellent trade.
MCX was also given for long at above 1305 at 10:32 AM which was triggered half an hour later and gave explosive move to 1340 in just 10 mins. Most of us booked easy 20-25 points.
All these trades are possible because of simple price action rules which anyone can learn and if practiced, you can earn as well. All these trades can be verified.
Retailers lose money in stock market because everyone want to earn quick money without any knowledge and they keep seeking "Golden strategies" which is nothing but waste of money & time. Only people earning are strategy selling.
Price action is trading process and it does not need any indicator and works well. All that is required to master this skill is knowledge of some simple rules and willingness to practice.
Anyone who wishes to learn this life long skill can reach out or drop private message. Please note I am not strategy seller nor call provider but want to have good traders working on price action and generating calls for themselves.
Request your support as always by your like/comment.
Thanks
Piyush Gupta
Bajaj Finserv Go Long As shown in charts,
Bajaj Finserv formed a weekly hammer pattern, confirmed with previous red candle.
The pattern is confirmed as per 33% body formed and balance Wick.
Now the best way to trade this opportunity is if the current week candle crosses 4440, which is the hammer candle high confirms the pattern
Probable Target is 4740, i.e immediate resistance
Bajaj Finserv - End of 5 wave move suggests pullback started!Bajaj Finserv completed 5 wave downmove from 9950 to 3985. Momentum indicator RSI shows strong positive divergence. Price has reversed sharply indicating start of a bounce back. A move back to its 38.2% retracement is likely.
BUY: Bajaj Finserv Ltd at CMP of 4392.55, T: 4814, Sl: 3985.3Bajaj Finserv Ltd - Hourly Chart - buy signal
Buy at 4392.55, Sl: 3985.3, T: 4814.7, Conservative Target (5%): 4620
