Bajfin will give a long Breakout Above 1066.50 it can go to level Upside level- 1076 Downside safe level- 1055
for this 945 is acting as readily active resistance for time being. wait for fresh break out for bank nifty strength. should close above 915 in daily closing basis with volume.
BajFinance can give a long breakout Above 903.60 it can go to level Upside Level till- 924/942 Downside safe Line 879.50 Its a positional view..
as we can see the bearish engulfing pattern there and dark cloud cover there right near the resistance area an bearish divergence add to it and target till 761 levels
Trading Strategy Going ahead - I will look to sell below 760 recent low- because that is the safest as we already had 200+ points in this stock in the last month & a hatrick. Risky Traders can sell below 830-833 once it starts moving below with recent high as stops This is how we moved in 2016 In below charts- click the charts & use load bar feature 2-2...
The arrow shows how we moved- Really excited at getting a hatrick move back to back with 200 + points. We close the sell trade & enjoy rest of the session. Also, adding 2nd hatrick for me -first one was 8.40 2024 Gsec which was in May-July2015- before joining TradingView. This is how we moved in Bajaj Finance 2-2 troubles the stock - Move from 925 to 805-...
As per previous update- bounce expected between the zone 855-870- Got the hit for 867 on 15th Dec2016. What Next? If it starts falling below low@830- then likely it will indicate that it's looking for a new low below 805. Related Analysis Attached Below About Bajaj Finance- Click the links below to get the chart & load the bars to see how it moved
Bajfinance is giving a long breakout above 867.50, above 867.50 it can go to the level 876/881 if do not break the level 859 on downside.
That's amazing to get it correct again. I feel excited & motivated as Bajaj finance had a sharp fall from 925-930 zone as expected - look at the Niagara Fall- straight down from 925 to 805. What Next? Looking for a bounce in the zone 855-870's -if holds & starts moving below 850- shall make a new low below 805. Click the chart & load the bars to see the...
BAJAJ Finance having trouble moving higher is making Pennant Chart pattern, Pennant pattern are mostly Continuation pattern and the earlier trend here is down trend so we can expect a downtrend continuation in bajajfinace. Conservative Entry 874 SL 930 Targe 750 Good Risk reward trade.
Bajaj Finance Holder Use sl at 88O if you are in long or buy above 900 with sl 890 target 920 or if break 920 then target 940-980+++
Bajaj Finance has been trading in down trend and after retracing the crucial 50% fibo level it has been trading in upward direction, it closed today with bearish sign (shooting Star) and it may further touch the support before going in upward direction. traders may enter short in this stock with a target of 850 in near term.
Double Top to stop the month long rally in the stock in the zone 1175-1185 has started with a corrective structure & indices facing tough time & may this trouble carries for another 4-5 months where likely this irregular structure could complete. 2 on top in the range 1175-1185 & 2 in the bottom between 815-817 can trouble the stock in the coming days. Short...