BAJAJF BUY FOR LONG - H & S PATTERNBAJFINANCE MADE HEAD AND SHOLDER PETTRN .
BUY ABOVE 5822 FOR 1ST TARGET 6300 2ND TARGET IS 7100 NSE:BAJFINANCE
BAJFINANCE trade ideas
BAJFINANCE 1 DAY HEAD AND SHOULDERS ON SEE THE CHART OF BAJFINANCE 1 DAY TIMEFRAME THERE IS A HEAD AND SHOULDER PATTERN. IT WILL BREAK OUT SOON.
SO THE POSITIONAL TARGET = 6363
STOPLOSS YOUR RISK
BAJAJ FINANCE at breakout level Bajaj Finance keep your eye on this stock it is near to its multiyear breakout level. Buy above 5935 and it fail to break the level sell below 5780.
This idea is only for educational purpose, please trade at your own risk.
Those charts which I have shared till yet has given good amount of profit. So if you like my idea please like, follow and share.
Bajaj Finance- All time high Positional Trade (June series)Bajaj Finance is near to its All time high .
Traders can take short position once the Triangle pattern got broken for Targets of minimum 400 points.
We can execute Long if the price manages to close above the All time hig h in 2 hrs candle.
Use RSI trendline breakout for double confirmation of your trend.
Kindly share your valuable thoughts..
Disclaimer: This view is for educational purposes only. Please consult your advisor before taking any trade.
BAJFINANCE Sell (gap filling)Bajaj Finance may correct to a 5444 to fill the gap it made and if didn't sustain there,then it will go towards 5300 levels
Bajaj Finance waiting Breakout on Daily chartsThis stock has formed an inverted HNS pattern on daily charts. As the last highest swing is very close to the spot price, we should wait for it to cross the high.
Watch out for Bajaj Finance Inverted Head n shouldersBajaj Finace is making inverted head and shoulders.
Wait for the neck line to break.
Only for educational purpose.
Intraday levels - 31 May 20211. Price action
2. Mark important support and resistance levels
3. No trading zone mark in chart
4. Multiple time frame analysis .
Bajaj Finance | On demand of follower :) 🔰 MY thought process :
⭐ Well As nifty touching ATM once again so we can also see a good move in BJFin too, but instead it produced an evening star on the D chart = bearish sign, that too at resistance, Q is will that make it bearish = yep but only intraday basis, and that would be against the trend trade wrt overall market sentiments :), so I would not touch BJfin until it breaks through the lvl of 5834 or gives a breakaway GAP above that lvl = super bullish sign.
⭐It has taken support from the right place and gave a break of the trendline on Day chart = further up move also it retested its move = a smooth entry there too, now it is consolidating in a range :) which is good for us, as soon as the box breaks for above the trade is initiated.
⭐Which TF, well 1hr or 30mins would be better, patience is always better, but if your RR ratio is better on smaller TF then go for it :) as per your risk management system :)
⭐It's a good one I myself will keep an eye on this :) thanks for bringing this up mate :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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BAJFINANCE TRADING AT NEAR ALL TIME HIGH WITH ASCENDING PATTERNas we all know the bajaj finance is a giant of finance sector now trading at all time high with a perfect ascending triangle pattern and the bank nifty also seeems strong so if breakout happen in this stock it will go zooooommmmmmm.....\\\\
Bajaj Finance Fundamentally strong company
Technically breaking all time high resistance
and formed cup n handle pattern also on Small time frame
we can expect 7-10% tgt on above High
Note- Before taking any entry exit please consult with your Financial advisor
Bajfin DailyBajfinance Daily breakout with Bullish H&S pattern. Looks strong for swing trade with proper risk management.
