WATCHOUT FOR H&S BD A CLEAR H&S PATTERN can been seen in BAJAJFINSV ..
16529 if broken can expect a TARGET1 OF 15678
TARGET2 of 14925
BAJAJFINSV trade ideas
BAJAJFINSVHead and Shoulder pattern form at the top of chart. Proper neckline breakout and re-test has been done.
If market sentiments remain bearish for next few days. It will achieve target easily in next few days!
BAJAJ FINSERV LTDbajaj finserve ltd forming a bearish continution trend you can sell swing or intraday.
This is only for only eductional purpose..
ANALYSIS FOR NOVEMBER SERIESBUY on breakout of 18070 on 15 min time frame-GREEN FLAG IS STOP LOSS
SELL on break down of 16650 on 15 min time frame- RED FLAG IS STOP LOSS
Ready to go higherNice bullish consolidation. It just needs one good day or news to move up a minimum of 10%. Maintain SL.
Bajajfinsv looks long Bajaj finserv looks long and try to buy them at the support levels for moving higher.
WEDGE Pattern Price Action in BAJAJ FINSVWedge pattern is forming in Bajaj Finsv. The stock is moving with a good price action where we can see stock trading near last resistance zone. Therefore can give a good breakout. Target can be 19700-19800. can take around a week to achieve the Target. SL - 17785. CMP-18273.
Bajaj Finserv - Book ProfitStock has formed a H&S pattern. Close below 17515 can drag the stock to 16250 level
Trading levels in bajaj finserv (short term)If crosses retracement level, then go long
otherwise short
Time to book profitsBearish side on the script will add more quantity to portfolio at lower levels. Ciao
BAJAJFINSV can show 17160 levelsNSE:BAJAJFINSV gave a closing below 20 DEMA. And RSI is also showing weakness. If results don't come good then it can crack otherwise it can show a good move.
Formation of reversal patternFormation of reversal pattren.
After formation of doji candle ot form hamer candle .it show more bullish pattern
Keep on rader givea return in short term upto 10%
BajajFinsv Bullish in short tremBajaj finsv at Crucial support level and trend line also for your information. Bold green and red line is Short term resistance and support any why I'm telling short term because this time very unpredictable market running in this trend line or support break on Monday dont go for long but you can't short also you know why im telling that in any green candel on monday 1st you can go long but strict SL below the Support i don't Prefer Trendilne below support so do your own analysis and take your postion. And stock can move any side violently because result is comming and also in expiry day.
This idea only for education purpose.
Cheers,
Happy trading.
BajajFinSV - All Set for Stellar RunUpdate Till Date - The Stock has given an astonishing return in the past few months and has been consolidating in the price range of 17047-18744 for the last couple of weeks. We have seen a clear reduction in volumes as the stock was consolidating and the price was moving lower while we have seen a clear expansion in volumes as the stock has tried to move higher. Today (i.e., 18.10.2021), the stock has given a breakout of the consolidation zone with a good amount of volumes but the stock lagged any expansion in the price range on the daily time frame.
What to expect - Some more confirmation is needed to categorize the breakout as a successful one. For this, an expansion in the price range with a good amount of volume will set the stage for another bull run in the stock and one may expect another 1000-1200 points rally in the stock.
One may initiate a long position in the stock once the stock takes out today's (i.e., 18.10.2021) day high of 19091, below will be the targets for a swing trade
T1 - 19500
T2 - 19950
SL - 18560
Do consider following the account if you find the content delivering value to you :)
Pullback in uptrendThis is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
BAJAJFINSV - Important levelsThe bias should be bullish above 17250. No selling should be done until and unless it closes below 16560.
@johntradingwick
-NSE Certified Technical Analyst
-NSE Certified Fundamental Analyst
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Finserve Buy 18060 SL 18040 TGT 18193Please use trendlines for resistance and support. Do your analysis before taking any trade.
Finserve Buy 18600 T1 18765 T2 18851Please use trendlines for resistance and support. Do your analysis before taking any trade.
Finserve 17693 T1 17860Please use trendlines for resistance and support. Do your analysis before taking any trade.
Finserve Buy 17555 T1 17665 T2 17790Please use trendlines for resistance and support. Do your analysis before taking any trade.
