BAJAJELEC volume and price action suggesting up move here with 1250 closing basis SL.
Not a call just a potential chart, buy bajaj electric for a target of 1350. Trade at your own risk
Bajajelec Long Above average volumes RSI-72 Buy at CMP- 1348 SL- 1250 Target- 1490, 1524 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Bajaj electric is forming a bullish pennant pattern. Can give a breakout in daily timeframe.
Stock moved strongly above moving average confluence. Above 20,50, 200DMA Good volume Relative strength +ve against Nifty50
BAJAJELECTRICALS Good upmove expected Facing resistance now
Bajaj Electricals on daily timeframe 1 year chart seen strong BUY signal today ..strong triangle breakout with very good volume up more then 7% at closing. chart shows stock corrected from 1600 odd level to around 950-970 level and bottom out that level, trend reversal confirm today's bullish candle . Bullish histogram seen on chart . co posted good quarter...
BAJAJELEC (W):- 1278.45 CMP, Looks good for more upsides, invalid below (1010 WCB SL)
TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Good movement in December seen, can go further upwards if the local resistance level is crossed. Winter is here and room heater/geysers sales will increase
Keep Bajajelec on long side watchlist, new high expected
Key Highlights: 1. Bounced off from the previous support level. 2. Sellers unable to push the price below the psychological level of 1000. 3. Some increase in volume. 4. Continuous Bullish divergence. 5. Look for pullbacks on lower time frames and enter accordingly. 6. Good movement expected on closing above 1100. Disclaimer: This is NOT investment advice....
Buy Zone :: below 1080 and/or above 1130 (price should sustain / retrace this 1130+ level) StopLoss :: 1010 Use the Resistance Zones (Red boxes) as targets Reasons for increased probability:: ---------------------------------------------- -- increase in volumes below 1150 levels. -- Price brokeout the bearish resistance Trendline and good Demand...
It took good support lower trend line of channel pattern U can make buying position with very small SL
Bullish MACD crossover in Bajaj electricals. Also RSI is in oversold zone and stock is 28% down from recent peak value. Also tomorrow is Q2 result.
Levels for bajaj electricals BUY AT 980 AND AVERAGE IT AT 930 STOP LOSS -759 DAY CANDLE CLOSE
NSE:BAJAJELEC This is only for positional trade. Short - mid term. 1) On daily time frame, we can see it sustain and took support from 200DMA. Also closed above major support zone of 1075-1100 level range. Please refer below chart : 1day Time Frame. Keep your positional Trade with strict SL.