Get started
BAJAJ FINANCE LIMITEDBAJAJ FINANCE LIMITEDBAJAJ FINANCE LIMITED

BAJAJ FINANCE LIMITED

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

BAJFINANCE trade ideas

My simple way of growing capital base leading to Wealth creationThis is how I grow my capital base leading to wealth creation Note: This post is meant specifically for retail traders and or investors like me who may not have or may not have and or deploy a significant part or entire capital to the stock market. So please read the post with this in mind. I am sharing my way of doing things or what I would do to better manage my available capital and progressively grow and eventually compound it. One of the better ways to manage gains and compound wealth is to invest gains made back into the markets in the shares of companies that have growth potential and or offer good dividend yield. Sometimes such companies are also known as those that belong to the Sunrise sectors. This may not be entirely applicable to those who trade for a living. For example, I have of late been investing my gains in the following: Burger King Westlife Development EI Hotels Zomato IRCTC Idea and would like to add: NTPC Powergrid BPCL REC Ltd PFC Ltd Pidilite Jubilant Food Dmart And there could be many more to the list. Some of the above are trading around good price levels so even more attractive than others. There may be several more names but my gains are not infinite at the moment and I "trade for a living" in reality so I have to first take care of my monthly outgoings and then the remainder gains are only eligible for reinvestment. This sounds very easy but it is not so as one can never say that trade may always go in the intended direction right from the word go. It is quite possible that the trade may hit my SL and then go in the intended direction and I may not be on board. These uncertainties are part of the life of a trader whereas an investor may be able to wait for the price to rebound or may have spare funds to deploy at lower levels. If you believe that you like this approach, you may follow these names or find the ones that you feel may be the future leaders! --- Another approach that I prefer to follow is to do content-based trading --- where there you need to identify a scrip in which you would like to invest. Preferably for positional or long term. Plan trades such that you can buy at least 1 share of the chosen scrip once the share price moves in your direction. This will help you track the share in a better manner and add the quantity that you are comfortable with as soon as the price starts going up. For this to be successful, the share price should ideally be between 200-500 and the daily movement or the volatility should be good enough for the prices to generate a modest to decent return in INR terms. This is meant specifically for traders/investors with low capital or low-risk appetite. I got this idea last year when going was extremely hard for many of my friends and acquaintances. Several of them asked me to help them find a job - when there were no jobs, the only thing that I could suggest was this and I taught them how with the help of technical analysis, one can attempt to make two ends meet and put food on the table for the family. I had at that time guided them to follow the above approach with very limited capital deployed. This helped many to fund the weekly needs without taking on too much stress on the head and in the heart. I was very satisfied that my thoughts and suggestions were effectively put to use by many of them and they were able to relieve their family members of worries and anxieties as well. On the auspicious day of Diwali and the New Samvat Year, I thought of sharing the above-mentioned thoughts that I and a few others have put into action. I wish you and your loved ones brighter and sparkling times ahead! 🙏🙏 Umesh 5-11-21
NSE:BAJFINANCELong
by AVENUESOFINVESTMENT
Bajaj Finance - Target 8000Stock is taking support near the 7325 level which is closer to the medium term DEMA of 50 days. Today (26 Oct) it opened at 7,695 which is close to yesterday's closing at 7,646. This 7,650 is a near term support level. Price is again attempting to give breakout above the near term DEMAs (10 and 20 days). The volume looks good and RSI bounced back from 50 level on the higher side. I think its again a good level to add Bajaj Finance if someone is already holding it. In near term the stock price may again test the 8000 level. I also think due to the festive season this quarter is going to good for Bajaj Finance which largely operates in the FMEG category.
NSE:BAJFINANCELong
by Mayur_Undale
Simple Trade Setup | BAJFINANCE | 22-10-2021 [INTRADAY]NSE:BAJFINANCE All the levels and trade setup remains same. Trade Setup for Date 22-10-2021: 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.
NSE:BAJFINANCE
by Trading_hawk
Simple Trade Setup | BAJFINANCE | 21-10-2021 [intraday]NSE:BAJFINANCE Observations: 1) On 1 day time frame, it managed to close above 21DMA after volatile session. 21DMA is placed at 7752.89 level. Also if we apply FIB Retracement then we can see that it took good reversal from 61.80% level of FIB retracement. As per FIB LEVEL Major resistance is at 7748. Breakout of the same will make it bullish. Major Critical support is at 7584.70 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 21-10-2021: 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.
NSE:BAJFINANCE
by Trading_hawk
4
[ INTRADAY ] BAJFINANCE SHORT BET risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings ********
NSE:BAJFINANCEShort
by Palkesh_Agrawal
Simple Trade Setup | BAJFINANCE | 19-10-2021NSE:BAJFINANCE Observations: 1) On 1 day time frame, we can see that after opening gap up since last two days it is facing profit booking. But good thing is that it took support from 10DMA and closed above 7850 level. Which is partially good sign for BAJFINANCE. If we see in recent days, it spend very less days below 10DMA. Hence breakdown of 10DMA on daily time frame it will give bearish move for short time. And if it sustain then we can see bullish move continue. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see it is trading in parallel uptrend channel. It is near the support trendline of parallel channel. If it gets good support from it then it will be bullish till the resistance trendline of parallel channel. If it breaks down support trendline of parallel channel then it will be bearish. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date 19-10-2021: Most of the levels will remains the same as per previous setup. 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.
NSE:BAJFINANCE
by Trading_hawk
1
Bajaj Finance, Risky trade, enter above 8000There has been a significant uptick in retail loans sanctioned by the over all finance industry. Also with the economy recovering from the sluggishness, will improve the NPA and give additional income in the form of interests to the finance companies. Bajaj Finance which is ascending slowly, is struggling to give a close above 8000 level. As soon as it gives a close above 8000/- the stock will easily move uptill 8500/-, which is a parallel resistance level. Finance services along with banks will support the market, after the metal rally. One can also consider it holding it for extended period of time, if it gives bonus or split itself. Then it will be ready to touch 10k levels very soon. (Speculative) CMP - 7865/- Enter if closing above 8000/- SL - 7880/-
NSE:BAJFINANCELong
by ashu1111111111