Bajaj Finserv on LaunchpadBajaj Finserv is on the cusp of a multi-year breakout and looks ripe!
Potential up move of close to 50% on a Positional Basis.
First target - 1885
BAJAJFINSV trade ideas
Bajaj Finserv-Flag FormationBajaj Finserv has consolidated for the 2.5-3 years almost and is forming a flag and pole formation on monthly chart. If closes above 1750 this month, we can see move upto 2800-3000 levels.
Breaking symmetrical triangle pattern suggests bullish potential✅ The stock has been trading within a symmetrical triangle pattern, with the price nearing the apex of the triangle. This setup indicates that a major breakout could be imminent, which would determine the future trend.
✅ The long-term ascending trendline has provided strong support, and the stock is currently attempting to break above the triangle's upper boundary. A successful breakout could lead to a substantial upward move.
✅ The RSI is at 50reflecting a neutral position but trending upwards. A push above 60 would indicate that bullish momentum is taking control, supporting a potential breakout from the triangle.
BULLISH PENNANT PATTERN IN BAJAJ FINSERVbeautiful bullish pennant chart pattern on weekly chart. Breakout is just around the corner. Very strong fundamentals, it will be the next leader outperforming the market.
Bajaj Finserv cash - Long SetupCMP around 1640 on 19.07.24
A breakout of an inverted head & shoulder pattern is spotted on a two-hourly chart. next target seems to be around 1700 in continuation. In the case of retesting the breakout level, support is around 1615-1620.
If it goes below 1615-10, it may go weak again. One has to trade with patience while maintaining risk management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
BAJAJFINSERV_Buy support_Sell ResistanceJuly 31, 2024 : close to 52 W Low, correct time to fresh buy / accumulate from 1626 levels and also in further dips.
RoCE/RoE > 11, PEG ratio=1.55, OPM=36.4%, CAGR>20 for last 5 yrs
Median sales growth=27.6% for last 10 years
Promoter => 60%, FII & DII => 16%, Public = 23%
Dividend yield = 0.06%
Seed now, water it, waiting time for bloom, growth and harvest.
Market leader ready for new all-time high after three years!After some deep correction and spending more than a year in a range. NSE:BAJAJFINSV might be gearing up for new all-time high if it breaks above the neck line.
BAJAJ FINSERV 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
BAJAJ FINSERV Looking good for Downside..
When it break level 1640 and sustain.. it will go Downside...
SELL @ 1640
Target
1st 1635
2ND 1626
FUTURE AND OPTION
BAJAJFISV JUL FUT – LOT 7 (Qty-3500)
BAJAJFISV 1680 PE – LOT 7 (Qty-3500) – PRICE (52.00)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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Breakout in Bajajfinsv (Buying Setup)This is a Reversal Breakout Pattern (with Retest)
in which SL must be Placed Below the Pattern (White Horizontal Line)
& Expect Price to Reverse to Upside......
Winrate of this Pattern is Around 70%
Place ur Strict SL below Pattern & Let the Price Decide Ur Profit
BAJAJFINSV - Weekly AnalysisIn the Weekly Chart of BAJAJFINSV ,
we can see that, it has become bullish.
Let it retest the trendline OR give a breakout and halt candle so that we can have a Entry, SL and targets.
Expected momentums is shown in chart.
Bajaj Finserv Bajaj Finserv Ltd. appears to be a fundamentally strong company with consistent financial performance, a healthy balance sheet, and promising growth prospects. Investors might find it an attractive option for both income and growth potential.
Cmp 1640
Bajaj Finserv LimitedBajaj Finserv Limited
short Term view
cmp 1625 SL 1450 TAR 2000 , 2100
Time Frame 2 Months
Similar To flag Breakout pattern & Rsi Near To Break out
BAJAJ FINSERV 1WKeep an eye on Bajaj Finserv. can plan short or long as it can break the trendline in either direction. For short initial target would be 1077.
Symmetrical Triangle Pattern followed by chart from 20/11/2020Interesting! Symmetrical Triangle pattern started on 20th Nov 2020 and stock is wondering in this pattern till 14th July 2024. We are waiting for a breakout but can't expect a huge target because it started long ago. If it breaks after the white line is marked on both sides, I have given an expected level. It's a probability that it will follow the levels. It's a Bajaj Finserv Ltd chart on your Radar.
BAJAJFINSV Best < Symmetrical Triangle > Pattern NSE:BAJAJFINSV Wait For Big Move Now this Stock Under Pattern Formation ( Symmetrical Triangle ) add to Your Watchlist and Watch
Bajaj Finsv strong consolidation seenBajaj Finsv meeting all criteria for moving 1640, 1660 and 1700 levels in coming days. So, 1600 ce, 1620 ce, 1640ce options are looking good for coming days. It can move 60 pts from here.
Head and shoulder pattern in Bajajfinsevin daily chart of bajajfinserv head and shoulder pattern can be seen as per screenshot. I
So it could go higher from here.
Buy SetupDaily 20 MA support
Taking support at 50 fib
1 hour RSI 40 Support, Bullish Range shift
Symmetrical triangle
buy above 1610
SL 20 MA
Target 1 - Triangle upper line
If breakout Target 2 - height of triangle
Could be a positional setup
Educational purpose
Falling Wedge pattern breakout in BAJAJFINSBAJAJ FINSERV LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1631+.
✅Can Go Long in this Stock by placing a stop loss below 1591-.
BAJAJ FINSERVE Hello & welcome to this analysis
Stock is completing its triangle and appears all set to break above it.
Accumulation between 1550-1650 looks like a good idea for upside potential of 2300.
View negates below 1325
Happy Investing
Desc. triangleThe descending triangle is a chart pattern used in technical analysis. The pattern usually forms at the end of a downtrend but can also occur as a consolidation in an uptrend. A regular descending triangle pattern is commonly considered a bearish chart pattern with an established downtrend. A descending triangle pattern, however, may be bullish , with a breakout in the opposite direction. NSE:BAJAJFINSV
#Bajajfinserv cash : Looks good above 1585.10#Bajajfinserv cash -Positional call
09.06.2024
Looks good above 1585.10
& add more above 1610.10
Stoploss 1530
Tgt 1640/1680/1740
Cmp 1570
