Two bullish chart pattern breakouts can be noticed on the chartWe have following two bullish pattern breakouts occurring on the chart.
1. Flag pattern breakout
2. Rectangle pattern breakout
BAJAJ_AUTO trade ideas
Good time to go long.Stock price is in a downtrend while the A/D line is in an uptrend, the indicator shows there may be buying pressure and the stock's price may reverse to the upside.
Above 200 EMA.
Flag Pattern with falling wedge, good move to go long and hit short term targets.
Disclaimer: Only for educational purposes.
A long positional trade can be seen after this breakout 1.A long positional trade can be seen after this breakout
2.Both Daily and Weekly seems bullish
Bajaj Auto - Support at 38% fib ratioBajaj Auto - Double bottom, support at 38% fib ratio and now near demand zone. May consolidate before breaking out or can break and will come to retest the zone.
BAJAJ AUTO Buy-4050-4000
Buy On the Retest Of Breakout
SL-3800 Below Closing Basis
Target-4200-4400
Risk / reward ratio Looks very Good with Breakout In Auto Sector Index..
Capitalize it to the Full Capacity..
BAJAJ_AUTO | Bullish Trendline support + RSI oversold areaBAJAJ_AUTO | Bullish Trendline support + RSI oversold area
CMP : 3680
SL : 3400
Target : Open (Hold atleast 1:2 risk reward)
Bajaj Auto Flag BONSE:BAJAJ_AUTO
buy now some qty
add more near 3950
SL 3975
T 4100 4250
more expected above 4380
Breakout#BAJAJ-AUTO
1D
BREAKOUT
Previous resistance is now support
buy 4010
target 4100/4200++
exit if close below the support
#chartview
#SwingTrade
Will it go as per plan ?Have been tracking it with bars pattern, creating a story of revival and looking positive
Bajaj auto 15 min - inverted Head and Shoulder - Bullish patternEverything explained in the chart . Cheers :D
BAJAJ AUTO LONGOne can accumulate this now and expect a short-term target till the peak, this is with reference to the CNX AUTO index as it has also formed a base and trying to move upward rest explanation is given in the chart
Cup N Handle with Ascending Triangle as handle.Can we say it as a strong bullish movement as it has formed cup and handle where candle is a ascending triangle which inturn itself a strong Bullish movement.
2 price action pattern shows the upcoming strong move, may be in 2-3 days.
CAUTION: Only for Educational Purpose
BAJAJ_AUTO
cmp 3879.3
Day Timeframe
Cup N Handle with Ascending Triangle as handle.Can we say it as a strong cup and Handle? Since it has formed Handle as a Ascending triangle in day Timeframe which is also the indication of strong Bullish movement.
can we say it a strong bullish movement which is gonna take with in a week or may be 2-3 days.
BAJAJ_AUTO
Day Timeframe
cmp = 3879.3
Just for Educationa Purpose. Please Invest on your own idea and risk.
bajaj auto according to vwap bajaj auto looks good oppertunity for buying target price is 4100 for week period...
