BAJAJ_AUTO trade ideas
BuyBuy in dip towards 3810-3760 stop loss 3600 HCB for target of 4110-4220 and in optimistic case scenario 4900+.
All indicators on daily time frame are positive and signalling strong upmove.
Disc : It's not an investment advice to buy or sell
BAJAJ AUTO🛵: Long term TL + 2️⃣Bottom + 200EMA + 0.38 FiboAlso, recently broke the falling wedge but always wait for neckline at 0.618 level to be broken with good bullish candle. Sl will be below 3447 i.e. just below this swing low. This point is also the all time high before covid on 5th Feb 2018.
Bajaj Auto-BreakoutBajaj Auto can move to 4300-4500 levels very soon once 3850 levels are crossed. RSI showing +ve movement.
Bajaj Auto for 26th AprilBajaj Auto falling wedge on 15 min TF + Weekly Support Rejection . Buy on breakout of the wedge.
#Bajaj_auto cash : Looks good around 3650 or above 3700#Bajaj-auto cash
22.04.2021
Buy above 3700.10 or around 3650
stoploss 3580
Target 3760/3840
Cmp 3681.4
Bajaj AutoThough has closed above the short term trend line but has horizontal resistance which has impacted today's high as well.. close above the resistance can be longed
Bajaj AutoOn a 1 hour as well as 15 min time frame Bajaj finance has tried to breakout the resistance level twice earlier and has given a fake breakout (fakeout). Third time it could be able to break but advisable to not enter the trade until the mentioned levels. NSE:BAJAJ_AUTO
BAJAJAUTO chart analysis on 1hr TFSwing Trade:
BAJAJAUTO
Buy: 3625 (cmp);
SL: 3480;
T: 4265;
-Mohit Rajani
SellSell for 3372 with sl abv 3769.
RS and RSi are showing clear weakness.
Disc ; it's not an investment advice to buy or sell
Bajaj Auto - Inverse Head and Shoulder PatternBajaj Auto :
Buy Level = Near about 3700 level
Safe Stop Loss = 3600
Aggressive Stop Loss = 3560
Target 1 - 3850
Target 2 - 3900
Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.
