BAJAJ_AUTO trade ideas
Bajaj Auto Expecting a down movementCMP : 2708
Entry Price : 2715
Stop Loss : 2745
Target : 2596
There is strong resistance in 2725 to 2775.
INTRADAY IN BAJAJ AUTOINTRADAY IN BAJAJ AUTO
BUY@2670
STOP@@2654
TARGET-1@2694
TARGET-2@2725
QTY=1000(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
Bajaj AutoFormed a perfect triangle,we will see perfect action tomorrow or the next day,
might be coming out from Consolidation,
If good volumes comes tomorrow ,
Then if sustain above 2597 expected target 2629
If it breaks 2533 target 2502.
Risk is More when volumes are less be careful. Wait for confirmation candle after breakouts.
Be safe..
BAJAJ AUTOBajaj Auto is in an upward channel and any break in the channel may lead to a sharp move. Good probability for a short move, keep your eyes on the channel
Flames are vigilant in Bajaj Auto (Long )The Bajaj auto is showing excellent hammer formation in the early trade. We assume that the stock might push more flame in the day. Traders are advised to go long in the stock only after completion of this 15 Min candle (if candle stay positive) with the SL below the Hammer. SL and targets are advised in the chart.
Levels to look for in Bajaj AutoThe stock might give a breakdown from the trend line.
Bajaj Auto is taking support at 500 day EMA with trend line.
We have another short term trend line acting as resistance for the time being.
If sustains below EMA we can see a good downfall.
500 EMA will become SL in that case.
Bajaj Auto Execute Trade Only After If Level Get Breached With Volume .
Invest Or Trade At Your Own Risk.
Happy Trading
The trend continues making higher high. Good for go long.1. The trend is continuously making higher high.
2. Currently, it formed with a lower high.
3. It will likely to reverse the trend and continue with uptrend.
bajaj auto long demand supply price actionBajaj auto has formed rally base rally demand setup. But, this is aggressive trade. only type 3 entry. if price closes below the demand zone, its invalid. lecels ar mentioned in the chart
Breakout looks inexpensive.Narrow range for travelling intraday.
Resistance = EMA
Support = Red Line
Happy Trading :)
Bajaj Auto Ltd. - BullishBajaj Auto Ltd. has important support near mid bol 2391.
MACD & RSI looks bullish, staying above it, stock can move towards upper bol 2625 & 61.8% pullback of the fall around 2732.
BAJAJ AUTO Sell below 2405 (Rising Wedge)BAJAJ AUTO - according to my previous idea mentioned below, BD happen today, forming another rising wedge good to short below 2405.
Bajaj Auto - ShortBajaj Auto is in a DT in Weekly / Daily TF, and is taking support on Daily support of 2417. this support line has been tested several times, and therefore has become important support.
if this support breaks and the candle sustains, it would be a good candidate to go short.
