BAJAJFINANCE STOCK make a head and shoulder chart pattern in daily time frame, if it break the neck line then may correct as given in chart analysis. #bajajfinance #stocs #finance #nifty NOTE : All the given information are only for educational purpose, do your invest wisely.
Bajaj finance shows clear formation of Head and shoulder pattern formation Lets see it continues the pattern or challenges todays price action suggest it will follow the pattern
BAJFIN - Support 6527-6600 TARGET ABV 6927 , 7400/7575/7684++
Bajaj Finance has been break his S1 and move forward to S2 and S3. Keep stock under RADAR
Analysis Head and shoulder pattern in Bajaj Finance but take time to re-test line for confirm the pattern..always confirm nd wait for the retest as market always give chance to enter don’t be too agreesive…wait and hope for the best for this pattern scusses..like and comment if u all have any ideas…thank u all..
Bajaj Finance Cmp 6848 dated 2-2-2024 1. Reversed from a strong support @ 6730 2. Big Correction of 14% from recent highs (1100 Pts) Buy @cmp target 6900-7000-7100-7200-7300 SL 6700 It is just a view, please trade at your own risk.
In the Weekly Chart of BAJFINANCE , we can see that; it is coming down to retest the support for 2nd time. let it create a Hammer cancel so that we can enter with SL.
#Bajfinance cash -Positional call 31.01.2024 Looks good above 6930.10 Stoplsos 6890 Tgt 6990-7000/7080 Planning for False breakdown reversal pattern Cmp 6863
Distribution at the top since long time Now time for downfall Don't buy at this price CMP 6900 Wait for 3000 levels
Stock has broken a critical support level and other point of short selling would be The Budget day. It can fall around 10-11% . Selling pressure can be seen in weeky timeframe. Note: Don't take heavy positions
Expecting a down trend in bajaj finance if breks the support below. Targets are mentioned below. Please do your own analysis
The only thing I can tell you about this stock is that it is a text book looking head and shoulders top pattern and the neckline is breaking today. So will we do what the text book says? Can the size of the head be replicated. Something to think about especially as you are near the neckline that is now the resistance.
#BAJFINANCE - Timeframe: Weekly Chart Pattern: H&S Pattern Probability: Break of base can lead to approx 600-700 point downside. Failure to break negates the pattern.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Stock is making head @ shoulders pattern on weekly timeframe and may breakdown below 7000 levels. May hit immediate support of 6240 and 5600.
On an hour TF bajaj finance is forming a head and shoulder patter and looks weak with a likely target of 5500 at the downside. This is my personal view. Im not a sebi registered advisor. Pls treat as educational view. pls do due diligence.
if we are shorting this week, definitely you can consider this stock as it hasnt tested its support line in a while and its waiting and dangling right at the first support line
this is for educational purpose only i am nor sevi registerd