Bajajfinance breakout or breakdown possibilityBajajfinance has ran too much in a month time. I am expecting little retracement in triangle pattern then breakout again. Beautiful bullish flag pattern formation since long time now.
BAJFINANCE trade ideas
Potential Breakout from Descending Triangle With High Momentum✅ The stock is currently trading within a descending triangle pattern, showing signs of strength as it approaches a potential breakout point near ₹7,200. This setup indicates that a decisive move could be imminent, with the stock attempting to break above the triangle's upper trendline and gain further momentum.
✅ A recent increase in volume adds credibility to the bullish move, indicating strong buying interest. The RSI is also trending upwards and nearing the 70 mark, which supports the possibility of a breakout.
✅ A successful breakout above the upper trendline, coupled with sustained volume, could propel the stock towards higher levels, potentially revisiting its previous highs around ₹8,000. Traders should watch for a close above the trendline as confirmation of this bullish move.
Bajaj finance SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Bajaj Finance LtdAll important points are marked.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
Bajaj Finance (BajFin) Could Be Your Next Winning TradeBajaj Finance (BajFin) Stock Analysis
Current Price: ₹7345.75
Target: ₹8500+
Entry Range: ₹7000 - ₹7200
Stop Loss: ₹6800.
Technical Overview:
Bajaj Finance has shown strong bullish momentum, currently trading around ₹7345. The stock is in a strong uptrend supported by various technical indicators:
Moving Averages: The stock has comfortably crossed above its 50-day and 200-day moving averages, which signals a positive long-term trend.
Support Levels: The price is well-supported between ₹7000 and ₹7200, a critical range for buyers looking for an optimal entry.
Resistance: Immediate resistance is around ₹8100, followed by the target of ₹8500+.
Stop Loss: A prudent stop loss is set at ₹6800, below the last significant support zone, ensuring risk management for traders.
Why Bajaj Finance?
Positive Market Sentiment: Bajaj Finance is a leader in the NBFC sector with a strong track record. It continues to benefit from positive market sentiment, driven by its consistent growth in loan disbursement and healthy financials.
Momentum: The stock has seen a steady rally in recent days, indicating that bulls are in control. The momentum could drive the price toward the ₹8500 target in the short term.
Bajaj Finance (BAJFINANCE) has broken outBajaj Finance (BAJFINANCE) has broken out of a symmetrical triangle pattern, indicating a bullish breakout with strong volume. The price is trading above the 21-day EMA, suggesting continued upward momentum. The RSI is above 70, signaling strong buying pressure, but it may also suggest the stock is nearing an overbought zone. Considering the positive momentum, a buy can be recommended with a stop loss around ₹7,150 to manage downside risk, as this level coincides with the 21-day EMA and previous support levels.
Bajaj finance near breakout level - great fundamental Bajaj finance near breakout level - great fundamental
3 year long consolidation.
breakout looks to be happening soon
volume are good
ATH sales and profit
great growth
great fundamentals
overall good to buy and hold for long term.
Study of bajaj finance and ultratech cement bullish movementStudy Suggest
end of sideways in ultratech cement and new impulse wave can be started as today it formed bullish candle with volume
Similarly bajaj finance also is about to break resistance
resistance of 8 long months is about to break .
this is only for study purpose
BAJFINANCE // Levels // 4 hour "Welcome to SkyTradingZone "
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BAJFINANCE (Bajaj Finance Ltd.) on a 4-hour timeframe
Support Levels: Identify recent lows where the price has bounced back up. For example, if Bajaj Finance recently found support around ₹6,500, this level is important to watch for potential buying interest.
Resistance Levels: Determine recent highs where the price has struggled to rise further. For instance, if the stock faced resistance around ₹7,000, this level is significant for potential selling pressure.
Support Levels:
₹7,200
₹7,150
₹7,100
Resistance Levels:
₹7,300
₹7,350
₹7,400
Bajaj Finance weekly breakout and targetBajaj finance has already given breakout with strong weekly candle and is consolodating near 7400 price range as it has an immidiate resistance of 7400.
If price sustains above 7400 in daily candle. Price can go upto Range High of 8000.
Disclaimer: This is a research made by me for educational and research purpose and not an investment advice.
BAJAJ FINANCE BUY Bajaj Finance is in a buy trend. To check the stop loss and target, please refer to the chart.
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BAJFINANCE // Levels // 1 hour "Welcome to SkyTradingZone "
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👑BAJFINANCE👑
Daily support: 7146.03, 7196.52, 7269.03
Daily resistance: 7392.03, 7442.52, 7515.03
Pivot levels: R1: 7,392.03, R2: 7,442.52, R3: 7,515.03
According to equitypandit.com, Bajaj Finance is considered strong if it trades above 6,707.66 levels.
According to moneycontrol.com, 100% of users recommend buying Bajaj Finance.
BAJFINANCE // Levels // 2 hour "Welcome to SkyTradingZone "
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Support Levels:
₹7,200
₹7,150
Resistance Levels:
₹7,350
₹7,400
BAJAJ FINANCE LOOKING STRONG FOR SWING TRADEBajaj finance is looking good and holding its near resistance levels and above Trend line but Overall market segments are little breaish.
my overview in Bajaj finance is bullish if Price give confirmation.
If nifty retrace more but Bajaj finance holds this level and give a break upside then we can see a good upmove
Bajaj Finance cmp 7317.15 by Weekly Chart viewBajaj Finance cmp 7317.15 by Weekly Chart view
- Support Zone at 6700 to 6800 Price Band
- Resistance Zone at 7600 to 7700 Price Band
- Falling Resistance Trendline Price Breakout done and needs to sustain for fresh upside
- Price Breakout momentum supported by the good Volumes traversing over Rising Support Trendline
- Weekly basis Support seen at 6850 > 6240 > 5620 with the Resistance seen at 7875 > ATH 8192 price levels
- Sliding Bullish Head & Shoulders done mixed with past repeat Bullish Rounding Bottoms indicative of a good breakout in the making process*
BAJFINANCE // Levels // 4 hour"Welcome to SkyTradingZone "
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For Bajaj Finance (BAJFINANCE) on a 4-hour timeframe, here are the key levels to watch:
Support Levels:
₹7,200
₹7,000
₹6,800
Resistance Levels:
₹7,500
₹7,700
₹8,000
Bajajfinserv shear price..Bajaj Finserv loan safe? Yes, a Bajaj Finserv loan is a safe loan to borrow as Bajaj Finserv follows strict lending guidelines. Bajaj Finserv offers ample features through its secured and unsecured offerings and doesn't levy any hidden charges.
Bajajfinserv shear price..Bajaj Finserv loan safe? Yes, a Bajaj Finserv loan is a safe loan to borrow as Bajaj Finserv follows strict lending guidelines. Bajaj Finserv offers ample features through its secured and unsecured offerings and doesn't levy any hidden charges.
#BAJAJFINANCEANALYSIS #BAJAJFINANCE#BAJAJFINANCE is done on upside but is still think it can try for one more ATH before it goes into decent correction till it holds 6438 level. How high it can go? Once it breaks 8192 level, at least 9430 level & can also attempt 10,000 odd psychological level. At the present i have shared support & upside level . Lets have more price action to predict further levels.
What’s happening in Bajaj Finance (BAJFINANCE) !!September 5, 2024
BAJFINANCE has completed Degree 1 in January 2022. This stock has been in correction since then, which can be interpreted as ongoing Degree 2.
Degree 2 is showing the nature of double correction. After the double correction, the price is now evolving in a sideways pattern.
Price can go sideways after a double correction, and this can be interpreted in quite a few ways.
One way of interpreting it is that the sideways move could represent a period of consolidation before the next impulse wave begins.
For price to break this consolidation range, it needs to move out and sustain above Rs. 7460. Post this, we may see it trying to move towards previous high of Rs. 8192.
Only after price breaks the previous high of Rs. 8192 and sustains above it for a couple of days, we can say that the new impulse wave has begun. This would also be the right time to go long OR wait for a retest and then enter the trade.
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Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
BAJFINANCE 1 day Levels (S/R)# we mark Support and Resistance on the charts so you can check..
Here’s a general example of the type of news you might find for Bajaj Finance:
Quarterly Earnings: “Bajaj Finance reports a 15% increase in net profit for Q1 2024, driven by robust loan growth and improved asset quality.”
Strategic Initiatives: “Bajaj Finance announces a strategic partnership with a fintech company to enhance digital lending capabilities.”
Market Movement: “Shares of Bajaj Finance rose by 3% following positive earnings forecasts and strong quarterly performance.”
BAJFINANCE levels 4h (S/R)we mark Support and Resistance on the charts so you can check..
To analyze Bajaj Finance (BAJFINANCE) on a 4-hour (4H) chart, you’ll be looking at price movements and key technical indicators to identify significant levels and trends. Here’s how you can approach it:
1. Support and Resistance Levels
Support Levels: Identify previous lows or levels where the stock price has historically bounced back up. On a 4-hour chart, these are critical price points where buying interest has been strong enough to halt a decline.
Resistance Levels: Find previous highs or levels where the stock price has faced selling pressure. These are price points where the stock has struggled to move higher, indicating potential selling zones.
buy alert on bajaj finance
#Bajfinance has broken out of its previous resistance around 7340, and a cup pattern is also visible. According to the cup pattern, the target is 8300, with a stop-loss set at 7300.
