BAJAJHLDNG trade ideas
BAJAJHLDNG - LONGTriangle pattern breakout
NB-This is not a trading call. Please do your analysis before investing
Bajajhldng about to give breakout Wait for the bajahldng to give a breakout and buy or sell in which ever direction the breakout is given .
It is also forming a descending triangle pattern.
Triangle Chart Patterns , Descending Chart PatternDescending chart pattern is a type of Triangle chart patterns . Descending chart pattern is formed when price is taking a support and forming continuous lower heights. Adequate buy or short area would be after the price gives a breakout . Descending pattern you can short or buy as well . Wait for the price to give a breakout and enter in which ever direction the breakout is given .
Please Share , Follow and Like if this content was useful and you gained some knowledge.
Descending triangle formation descending triangle formation is forming in bajaj holdings and investment. if the patttern successfully formed then we can expect a downfall of 4-5%.
Trade Setup for Bajaj HoldingThis is a very similar setup to the Bandhan Bank setup which I had given, which gave close to 3% returns in intraday, which is really good. This setup has to work in the coming 2-3 sessions(but I believe this will work tomorrow, but if not, then keep this stock in your watchlist. I am sure that the next big move in this stock is coming in some sessions, and the move could be as big as 3-4% intraday). Watchout for volume expansion in the direction of the trend to get a confirmation before taking any trade. Use your risk management and then decide whether it suits you or not. Price action has been beautiful in this stock and a huge movement is expected, as this is a high beta stock or volatile stock. Remember this setup and come back to check if it worked. If it did, then do not forget to follow me for such excellent trade setups.
This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in market
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏
F&P FORMATION IN BAJAJ HOLDINGGOOD SUPPORT AT .618 FIBBO LEVEL. CAN BE A GOOD CANDIDATE FOR LONG IDEA.
Candidate foe a bull call spread for julyWill be holding this counter for 15-25 days. Lets see what happens
BajajHolding - Bullish MoveBajajHolding
The stock is trading at the Supply Zone high (resistance) & on the verge of a breakout.
The breakout is likely to take place above swing high of 2205.
RSI and volume parameters suggest strength as of now.
****TRADINGEDGE TIME-TREND INDICATOR IS BULLISH****
Once breakout takes place with Volume & conviction, the next noticeable resistance is 2475. Support is the low of Demand Zone (1990)
KEEP AN EYE!! #B+
#tradingedge_academy #SMTA_institute
***This is my personal view. Please take advice from your financial advisor before investing.
BAJAJHLDNG, Idea for Profit 7-Apr 2020Price Action : Ascending Triangle
Buy above : 1935
Always follow risk management while trading. Saving capital is more important than profits.
Kindly join me for more price action based charts for learning. I regularly post many intraday calls along with charts and logic behind them to help new traders learn true potential of price action trading. Reach out for more details.
-----------------------------
Regards
Piyush Gupta
Bajaj HoldingsWith Bajaj Finance and FInserv continuing to move upwards this stock could be an indirect beneficiary. Trading at a massive discount to its portfolio value this stock could easily rise 10-15%
SL : Below todays low.
#BAJAJHLDINGExit on 29/11/2019 provided by Querybuilder
Top is confirmed
Stock goes to no trade zone
kkonline.org
