Also, 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 EQUITY levels ...28/04/2021 (D candle)
Bajaj Auto Buy above the resistance with confirmation of proper bullish patterns
Bajaj Auto can move to 4300-4500 levels very soon once 3850 levels are crossed. RSI showing +ve movement.
Bajaj Auto falling wedge on 15 min TF + Weekly Support Rejection . Buy on breakout of the wedge.
RESISTANT AND TREND LINE BREAK OUT - TARGET 4000
#Bajaj-auto cash 22.04.2021 Buy above 3700.10 or around 3650 stoploss 3580 Target 3760/3840 Cmp 3681.4
Though 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
On 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
Swing Trade: BAJAJAUTO Buy: 3625 (cmp); SL: 3480; T: 4265; -Mohit Rajani
Rejection from Fibonacci 50 level, macd crossover done and RSI 40 support
Sell with sl abv 3780 for target of 3250. Disc : it's not an investment advice to buy or sell
Sell for 3372 with sl abv 3769. RS and RSi are showing clear weakness. Disc ; it's not an investment advice to buy or sell