Screipt is strong breakout from the raising wedge resistance of 7417 and closing is very good. If next intraday close above the 7597 and if retested from the support 7417 then it will raise upto the target of 7925
Dear Team,
As per my observation BAJAJ_AUTO is in a Channel Zone ,and as per my observation BAJAJ _AUTO has a great stock for long term View and For swing Trading
Please do your observation and Decide on your Observation and Capital .
Thanks
I am not SEBI Registered .
Bajaj Ato results today we see it on weekly chart as per W.D. Gann trading System. Bajaj Ato has made a significant run in recent swing. Level of 7000 is very important in Gann terms.Or level on chat is 7004.20 a cycle level. We have a swing high at 7419.00 on it and or level to watch was 7325.40 and we are yet to close above it. We have a weeks correctionon the...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
BAJAJ AUTO might give an up move once again if sustains or breaks 7145
best for swing and positional trades
entry above 7145 or sustaining above 7145-7150
Stop loss below 7075
for targets at 7250,7300, 7400 and above.
Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not...
Bajaj Auto's Price Levels and Time Candles have been mentioned on the Chart. Please Appreciate following three points:
1. Bajaj Auto seems to have achieved all its targets.
2. Price of Oil seem to be going up from this week; which is a necessary consumption item for the persons using automobiles as such demand of all the automobiles are likely to be...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Growth strategy
Focusing on >125cc in the domestic motorcycle market
Partnership with Triumph, the launch is expected soon in FY24
The company plans to extend its e-2w range of products in FY24E in both 2Ws and 3Ws
Recent partnership with Yulu, a shared mobility player
Global growth with entrance in Brazil/Egypt
Well its self preparedness, One must have a logical thinking then going randomly
I personally believe the Maturity is about reach in this stock ,
Good luck
#BAJAJ_AUTO trading above Resistance of 4506
Next Resistance is at 6186
Support is at 3465
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
* Effort to move up failed. Possible Buying Climax (VSA)
* Far Away from 20 ema and it will attempt to come down
* RR ratio looks good.
Note: My personal analysis for learning purpose.
Bajaj Auto is showing ATH breakout on monthly chart with good amount of volume. Marubozu candle on ATH show's great strength of the stock. The probability of success is approx 80-90% according to the previous data. Please do not forget the Disclaimer and Disclosure.
CMP : 4431
TG : 5600
SL : candle's low
R/R : 3 times (Risk to Reward)
Stock's selection based...
