Bajaj Finance showing strong reversalBajaj Finance once above todays high then 6600 is a possibility soon.
I like to keep it simple without adding too many indictors or strategy.
BAJFINANCE trade ideas
BAJAJ FINANCE IN DOUBLE ZIG ZAG CORRECTIONBajaj finance has formed a double zig zag correction pattern as per the wave analysis. It has started wave 5 in the 'C' wave which is likely to go below 5000 level.
There could be a small recovery in the tiny wave 4 before it starts tiny wave 5 on the downside which will also finish in 5 sub waves to reach below 5000 level.
This is only for educational purpose. We are not responsible for any loss or damage caused.
BAJFINANCE Very safe entry for good reward.BAJFINANCE is on good level right now it is on trendline support and if you drow Fibonacci from bottom to top you will find this between
0.386 and 0.5 so you can consider this to.
Bajaj finance Analysisbullish on Bajaj finance breakout of trendline
stoploss in at 6080
with a Risk to reward ratio of 7.68
BAJFINANCE✅ 5950-6121 is a multiple time tested zone and it break and retest and fall but took support on 1hr. TF support.
✅ Now price also break his lower high. and that will be continuation zone and also 0.5 Feb. level.
✅ Wait for price come to 6012-6073 and look for reversal for log entry on 1hr.ly time frame.
Bajaj finance looking bullishBajaj finance given break out from trendline in Daily time frame
Details drawn in chart.
This is my personal idea
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intraday H&S Pattern avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Bajaj finance looks good above this level.bajaj finance recently breakout channel pattern. It looks bullish above 6400.
RSI bearish Divergence / intradaybearish RSI Divergence
Both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
bajaj financebajaj finance on 1 hr tf looking good for short term if 6067 breaks then it can go for 6300/6425
Bajfinance Bullish#Bajfinance is now ready to again #fly the reason is create a #Base and also #ADX is move in upside +DMI is rise and now i think move up and targets are 6500-7000+.
BAJFINANCE | Long with Support• Long with Support.
• PRZ is at 6830
• good risk reward with support zone from 6130 to 6100
• Upside Resistance zone from 6867 to 6931 can become our targets.
Targets :- 6830
Stop Loss / SL :- 6130 Support zone .
#Bajfinance cash : Looks good above 6360.10#Bajfinance cash -Positional call
08.Feb 2023
Looks good above 6360.10
Stoploss 6325
Target 6440/6600
Cmp 6350
Bajaj Finance Cmp 6014 dated 3-2-2023 Trend ReversalBajaj Finance Cmp 6014 dated 3-2-2023
1. Trend Reversal seen on chart after the
correction of almost 25 %.
2. RSI BO
Buy above 6030 for target 6130-6205-6335-6490 SL 5850
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
BAJAJ FINANCE ELLIOTT WAVE COUNTNSE:BAJFINANCE seems to have completed wave 2 correction.
It shall be heading higher in Wave 3 of extended wave 5 of Bull Market.
Bajaj Finance - Short SetupThe stock is trading at a resistance zone again. If the price is rejected from here, it may come down to 5880. The resistance and support are shown on the charts.
Only for learning and sharing purposes, not a piece of trading advice.
All the best.
Reversal SignFollowing Points are to be noted in BAJAJ FINANCE Chart
1. Near the Major support
2. Bullish Engulfing candle at the Support on Weekly TF
3. Overall Trend is positive with good Fundamentals
4. Good R:R Ratio
BAJFINANCEIn the Weekly chart of BAJFINANCE,
We can see that, it has taken an up move from crucial level i.e. 5700.
Expecting an upward Trend from here by building Price Action.
Go long for this if you are investing.
bajfinance bajfinance 6050 above sustain 15 minutes candle then buy
whenever 9:15 15 minutes candles sustain + trendline Rejection go for shorts But small Target okh
bullish view my side
Only focus Round levels )
