BAJFINANCE huge selling7100 pe up from 34 to 114.
no further selling at this stage,
please wait for pull back.
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BAJFINANCE trade ideas
bajaj finance long idealong this stock now as it is near 50% correction after harmonic pattern with red color was completed and maintain strict stop of 7273 as it may fall like anything below this and bullish abcd kicks in from here for target of 8850
good luck
trade at your own risk.
BAJAJ FINANCE ON A DAILY TIME FRAME BAJAJ FINANCE is within a channel. If the market respects the support zone today, we can expect the trend to go within the channel and trend can reach the nearest target ,ie -RS 8000
Long - Bajaj financeAs per daily chart price is above both 50 and 200 moving average so long term trend is bullish and in short term price went below 200 ma and close above that after taking support.
Go long with a target of 9000 with 50 ma as trailing Stop loss
Bajaj finance limited Bajaj finance has retested in neckline 7472.35. If the price moves up side,
SHORT TERM TARGETS
TARGET 1 - 7676.09
TARGET 2 - 7842.75
LONG TERM ANALYSIS
TARGET 1 - 8416.15
TARGET 2 - 8669.40
If the price fall below neckline stock price can move down up to 6885.30.
Fundamentals:
For the last ten years revenue and net profit has grown well.
Current ratio looks good.
Debt equity ratio is high.
Interest coverage ratio is low which is not a good sign.
Last six years book value has risen from 95.71 in 2014 to 613.71 in 2020.
Bajaj Finance#BajajFinance
If no New High above 8050 then the Bulls need to show power near 3100 in the next 6 months.
BAJAJ FINANCE INTRADAY ANALYSISWe can spot bearish BEARISH DIVERGENCE on 15min frame. we can go short if it breaks 200EMA and the HIGH VOLUME AREA on 15min frame and for long entry we have to see if it sustains above 200EMA.....BIG MOMEMTUM IS EXPECTED DUE TO ITS QUATERY RESULTS.
Consolidation on upper level for Bajaj FinanceBajaj Finance is going to declare its quarterly result. But before the fundamental analysis the stock is in consolidation from last week.
On breakout can it can test its new highs.
Wait for the breakout and trade with proper target and stop loss.
Long on BajFinanceBajaj finance as give a close above Month on Month resistance and can create new ATH.
Flag and pole pattern once broke on the upper side and give buy opportunity for the Target of 8000.
BAJAJ FINANCE LOOKING BEARISHBajaj Finance create Rising wedge chart pattern ( Bearish Wedge chart ). If stock breakdown the chart then only we shorting opprtunity find with volume . because continue Bajaj finance is rallied.
BAJFINANCE7659.00 is Resistance for BajFin
7606.00 Support
7521.00 Support
7415.05 Support
7375.00 Support
Swing Trade Idea for Bajaj FinanceBroken trendline and if it retests the trendline will be a great swing trade.
t1: 7477
t2: 7750
t3: 8048
SL: 7043
Bajaj Finanace - Lower end of the channel - On the moveLower end of the channel .
Looks bullish
Risk to reward is good from here .
SL below DCB 6400
Entered at 7400
Bajaj Finance BullishBajaj Finance Looking Bullish for Short term
concentrate if price sustain above 7836
Bajaj finance stock ideaBajaj finance Now Trading on 7625 previously strong uptrend backed now breakout happend
Bajaj Finance Ltd Bajaj Finance looks like be the biggest Loser in the Bank Nifty, in coming days weekly harominc chart shows that
Bajaj Finance breakout, keep an eye...Hello guys, Astral has hit all the 3 targets you guys can book near 8% now.
Now this script bajfinance has given a breakout from flag and pole pattern which works very well according to my minute experience.
You wont be able to see flag and pole in this image so please zoom it out and you'll be able to see it clearly.
Buy above - 7460
Targets are mentioned in the chart above
