BAJAJ_AUTOBAJAJ_AUTO: Looking Good
Expecting Cup & Handle Pattern will be Creating Now
Support Level Bounce back to Bullish Sustaining Above/Closing 3900
BAJAJ_AUTO trade ideas
Buy as Demand for Bajaj AutoCup and handle chart pattern formed.
Fibonacci levels shows price retraced 50%.
Current market price at a demand zone and touched a well respected trendline.
Go for a long position and keep a target Rs.4600
BAJAJ AUTO.... ACCUMULATECUP AND HANDLE IN DAY CHART... HANDLE FORMING A BEAUTIFUL TRIANGLE PATTERN...
TRIANGLE AND TARGETS IN NEXT IDEA :)
#BAJAJ_AUTO , (SWING TRADE ) FOR AGGRESSIVE PEOPLE (HIGH RISK)NSE:BAJAJ_AUTO
BUY ZONE- 3950
STOPLOSS-3850
TARGET - 1st-4150 , 2nd-4250
#RISK-REWARD - 1:2 & 1:3
MY VIEW ON BAJAJ-AUTO
#Breakout.
#retirement
#NiftyAUTO SECTOR =, #HIGHZONE ,#SUPPORTZONE 1 MONTH
cup and handle patternbajaj auto forming cup and handle pattern mostly it shots up prepare for entry accordingly
Bajaj Auto Buying 4006/-NSE:BAJAJ_AUTO 1 Hour chart shows excellent breakout . Buying bajaj 4006/- for breakout failure
Bajaj_AutoPrice is near Demand Zone and a Wolfe Wave is also formed.
Favorable RR to trade on positional basis.
BAJAJ AUTO... GONNA BE TOP GAINER IN NIFTY SOON Watch for the breakout from the triangle for good higher targets.
Bajaj Auto Symetrical triangle formation in Bajaj Auto once breaks out great levels are going to achieve 🍻
BAJAJ AUTO BULLISH1 hour chart has broken the trendline and now trendline is acting as a strong support.
If the trendline is not broken down, then bulls will carry the prices towards 4300.
Stoploss 4140.
Cup and handle pattern in bajaj auto bajaj auto is making symmetrical triangle pattern after making cup ,
it will give huge profit if it breakouts with good volume
flag & poleas there is mention in flag & pole pattern
target can be consider from pole length
and according to elliote wave theory
pattern repeat itself
here we took just small time frame for it
if market doesn't fall freely
and company doesn't give any bad result
then our pattern can show result what we have calculated
Cup and Handle PatternNSE:BAJAJ_AUTO
It seems Bajaj-Auto to be Bullish for the long term targets of 5000+.
Stop-Loss can be placed below Neckline which can be near 4230.
Happy Trading
BAJAJ AUTO - DAILY CHARTSPositional trade, Classical chart pattern of cup and handle, Entry should be at 4200 or below.
Cup and handle about to be formed in Bajaj Auto, T1 4274,T2 4352Bajaj Auto looks bullish and on the verge of cup and handle formation, eventually might give a BO. I am not a sebi registered trader/broker, above views are purely mine and can be used for educational purposes!
