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.
BAJAJFINSV trade ideas
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 1640
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
BAJAJ FINSERV 1WKeep an eye on Bajaj Finserv. can plan short or long as it can break the trendline in either direction. For short initial target would be 1077.
Symmetrical Triangle Pattern followed by chart from 20/11/2020Interesting! Symmetrical Triangle pattern started on 20th Nov 2020 and stock is wondering in this pattern till 14th July 2024. We are waiting for a breakout but can't expect a huge target because it started long ago. If it breaks after the white line is marked on both sides, I have given an expected level. It's a probability that it will follow the levels. It's a Bajaj Finserv Ltd chart on your Radar.
BAJAJFINSV Best < Symmetrical Triangle > Pattern NSE:BAJAJFINSV Wait For Big Move Now this Stock Under Pattern Formation ( Symmetrical Triangle ) add to Your Watchlist and Watch
Bajaj Finsv strong consolidation seenBajaj Finsv meeting all criteria for moving 1640, 1660 and 1700 levels in coming days. So, 1600 ce, 1620 ce, 1640ce options are looking good for coming days. It can move 60 pts from here.
Head and shoulder pattern in Bajajfinsevin daily chart of bajajfinserv head and shoulder pattern can be seen as per screenshot. I
So it could go higher from here.
Buy SetupDaily 20 MA support
Taking support at 50 fib
1 hour RSI 40 Support, Bullish Range shift
Symmetrical triangle
buy above 1610
SL 20 MA
Target 1 - Triangle upper line
If breakout Target 2 - height of triangle
Could be a positional setup
Educational purpose
Falling Wedge pattern breakout in BAJAJFINSBAJAJ FINSERV LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1631+.
✅Can Go Long in this Stock by placing a stop loss below 1591-.
BAJAJ FINSERVE Hello & welcome to this analysis
Stock is completing its triangle and appears all set to break above it.
Accumulation between 1550-1650 looks like a good idea for upside potential of 2300.
View negates below 1325
Happy Investing
Desc. triangleThe descending triangle is a chart pattern used in technical analysis. The pattern usually forms at the end of a downtrend but can also occur as a consolidation in an uptrend. A regular descending triangle pattern is commonly considered a bearish chart pattern with an established downtrend. A descending triangle pattern, however, may be bullish , with a breakout in the opposite direction. NSE:BAJAJFINSV
#Bajajfinserv cash : Looks good above 1585.10#Bajajfinserv cash -Positional call
09.06.2024
Looks good above 1585.10
& add more above 1610.10
Stoploss 1530
Tgt 1640/1680/1740
Cmp 1570
bajajfinsv made triangle pattern watch for breakoutWatch for Triangle Pattern Breakout in Bajajfinsv. Currently in consolidation can see good upmove in coming days
BAJAJFINSERV LIMITED FOR LONGMy view on this script is bullish.
It has potential to Reversal from this zone.
Target 1=1619(1:1)
Target 2=1632(1:2)
Stoploss=1593
Expecting breakoutI’m hoping the breakout after the beautiful almost 2+ year consolidation.
Let’s wait and watch how does it perform
BajajFinsv - HoldIn charts price is in ascending triangle and its bullish pattern. but if price do not move up chances of falling which has not happened. Price might spike too since high low forming for quite some time now so bullish pattern is intact till now.
BajajFinSV looking weekBajajFinSV took a resistance at trendline and broke pattern, looking week now, if a day candle closes below 17000 then it might go down till 16000 and 15000.
Bajaj Finserv in CorrectionBajaj Finserv seems to be in leg C of the flat correction.
Although, the minimum destination of 61.8% have been completed, the down move is likely to continue
It is suggested to avoid taking any longs in this stock.
I'll update you guys once I see signs of the correction ending
Bajaj Finserv Weekly cmp 1600Penant pattern.
Both sides levels open. Trade the breakout or breakdown
Short side targets would be 1500 - 1452 - 1400 - 1210
Long side targets 1744-1920 - 2075 - 2250
Positional Trading Idea on Bajaj Finserv for Short TermNSE:BAJAJFINSV
Bajaj Finserv is on the verge of Breakout of Symmetrical Triangle. The difference between recent high low is around 850 point (1925 - 1075 approx). Adding 850 to probable upside Breakout near 1700 comes to a target around 2550 level.
Calculating Fibonacci Extension of 1.618 level considering recent High near 1925 and Low near 1025 come to level around 2450 level.
So, Breakout target above 1700 is between 2450 - 2550 level with Trailing Stop Loss around 1550 level.
BAJAJFINSV | Swing Trade📊 DETAILS
Sector: Finance - Investment
Mkt Cap: 267,266 cr
Bajaj Finserv Ltd. 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.
TTM PE : 34.27 (Low PE)
Sector PE : 40.04
Beta : 0.85
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
5.58% away from 52 week high
Outperformer - Bajaj Finserv up by 8.22% v/s NIFTY 50 up by 0.7% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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