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

BAJAJ FINANCE REVIEW 23-07-2021 | TRADE SETUP FOR 26-07-2021NSE:BAJFINANCE Today, 23-07-2021, BAJFINANCE took support from trend line but couldn't trade above our entry point 6230. It made 6225 high but faced resistance from there. Our levels and target remains same. Buy/long trade will be only activated above 6230 levels. It closed today above 6180 level which is also our marked level. If this level works as support then we will remain bullish. If this support 6180 level breaks then next support it trendline itself. And if the trendline break then next vert important support is in the range of 6094-6100. My personal view is to go short/sell trade only below 6100. Otherwise you might get trapped in the wrong signal on bearish side. Right now as far as it is trading above trendline and 6180 it has more probability for the bullish trade. Don't rush in to trade if it gap up on Monday let it get settled for 15-20 minute. I hope my ideas are helping you to understand price action and levels. Do comment if you have doubt/suggestion.
NSE:BAJFINANCELong
by Trading_hawk
2
BAJAJ FINANCE TARGET AND LEVELS | 23-07-2021NSE:BAJFINANCE BAJFINANCE looks positive to buy above 6230. Option chain data shows short covering/call unwinding till 6500 level. Also highest open interest is at 6500 which will act as a good resistance in this July month. If it goes down to test the support till 6180 or even low to 6130 then wait until it gets support from there and gives sign of reversal with strong green candle on 15min chart and it should have a green candle after it. Once go long above this level as well but for safe trader better to go long above 6230 level only and once it shows 15min green candle and it should have a green candle after it. Do not get in to short/sell position at this moment. Targets are mentioned on the charts. Better to keep booking your profit tomorrow. Do comments if you have any doubt. Hope my ideas are helping you to understand price action and levels.
NSE:BAJFINANCELong
by Trading_hawk
BAJAJFINANCE levels.NSE:BAJFINANCE It has been trading in range between 6100 to 6200 since 9th July. 6100 have highest Put open interest and 6200 have highest Call open interest in July expiry options. 6100 is working as immediate support and 6200 is working as immediate resistance. And stock is also taking resistance from the trendline shown in the chart. It is worth to watch and keep an eye on this stock. Any break on either side will give a significant move. Buy only once the 6200 to 6225 range is breakouts properly. And sell only below 6094 after it breaks down it. It will give good profit on either side. Don't jump in the trade without getting clear breakout or breakdown confirmation. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts. All the best for trading in next week. Have a good weekend.
NSE:BAJFINANCE
by Trading_hawk