BAJFINANCE trade ideas
Bajaj finance in triangle formation.Bajaj finance has been trading in the in triangle formation.
On a daily time frame analysis, there is a bearish moving average divergence.
The stock has been taking support on its 20 ema on hourly time frame.
The markets are volatile. So, wait for the price action and a break out of the triangle.
Support :- 5753, 5655
Resistance :- 5900, 6000, 6120
Wait and watch for the price action for the confirmation.
Stock can retest it 20 ema on daily time frame.
The trade can be a swing and intraday trade.
BAJFINANCE Levels for 25-May-22(Intraday) Buy above 5820 for 15,40,70+++
Sell below 5760 for 15,40,70+++
based on channel trendline and SR..always wait any candle(Any small timeframe) should close below or above levels
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
UNABLE TO FINANCE THE DRAW DOWNS ANY MORE!!Met or rather exceeded all tgts as projected earlier(link attached-pl go through it). But gravity works everywhere on the Earth even in the stk mkt. So it is also going through a corrective phase as explained on the chart. Take your decision according to your own understanding. This is my personal view-not a trading recommendation.
Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]NSE:BAJFINANCE
Observations:
1) On 15min Time Frame, we can see a triangle pattern formation.
Please refer below chart : 15min time frame.
-------------------------------------
Trade Setup for 23-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BAJFINANCE Levels for 23-May-22(Intraday) Buy above 5801 for 15,40,70+++
Sell below 5735 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Breakdown in Bajaj Finance...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bajaj Finance Watch the SUPPORT LEVELS
BAJAJ FINANCE touches its support levels ,
agressive can loo for positive moves
patience is better weapon
bajaj financebajaj finance
is it possible ??????????????????????????????????????????????
please comment
view about bajaj financethe stock is at pretty good support level the thing is to watch it if some reversal is seen then it's awesome for long trade with the stop loss at the 5870 for long holding.
BAJAJ FINANCE - 9th MAY2022Medium Term View
Head & Shoulder Pattern Visible
Pattern Confirmation below 5800-5700
If Pattern Confirms on Closing Basis Potential Lower Levels around 20%
#BajajFinance - keep an eye on itPlease have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.
This Analysis has Based on Harmonic Pattern , Fibo & Price action.
Note:- A Possible Harmonic Pattern has drawn, may get Invalid. Then mentioned Levels will be considered as support & resistance.
If agree with the Analysis, Then Please LIKE....As well as can Follow me to getting my future analysis.
bajaj Finance heading for 8260Buy Bajaj Finance for a target of 8500. As per wave analysis wave c has started.
Watch for ReversalStock on support in a parallel channel on weekly timeframe. If there is a rejection candle from the support plan to accumulate.
Bajaj Finance - Short Term Buy Hi,
This is a daily chart. The chart looks promising, probably the last push from the BajajFinance.
Can buy above 7263.50, with a SL of 7096 and target of 8000.
The RR is around 1:4.
Currently, the Daily MACD is giving a very good buy signal and above todays high it will be a confirmed buy.
Also weekly Macd is also giving a buy...so double bonus.
RSI is also above 50, so above todays high it can go to higher levels easily.
Seems momentum is there.
Disc : Educational Purpose only.
Neo
#Bajajfinance Harmonic SupportNSE:BAJFINANCE
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
bajaj finance Clear down trend and reaching support,
Entry Activated
buy at - 5359 around
Target - 8000
Put RR as per your capital
Bullish Convergence on Bajaj Finance Clear Breakout and Restest Of Resistance, Forming Doji at lows.
Entry Activated
Target 1 - 7600 around
Target 2 - 8k
Put RR as per your capital
BAJAJ Finance Ltd. Chart Analysis !!📈 BAJAJ Finance Ltd. 📉
This Stock Broke out from a Resistance zone of 7200-7300 after testing two times this range on upside with a strong green candle. Yesterday Also tried but all sold off as you can see in chart.
Bias - Long
Target - 7852 to 7933
SL - 7008
RR- 1:1
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
