Bajaj Auto - weekly - double bottomBajaj Auto NSE:BAJAJ_AUTO
weekly
Double Bottom
Entry Range & Target Range
Study are based on my ideas which are not an advice. Its a part of my revision.
BAJAJ_AUTO trade ideas
bajaj autobajaj auto is near breakout. it is near to both breakout, here is shown at intraday timeframe but it is also on breakout at daily timeframe. so keep watch on it.
Is Bajaj Auto at The Tipping Point To Start Bearish Move?Key Level: 3631
Quick explanation:
Bajaj auto has started rejecting demand pressure.
Price is bullish above pivot level 3629, But if the price fails to break the crucial pivot, traders can go short for the following targets: 3573 - 3441 - 3345.
Detailed study:
Bajaj Auto has been forming a downtrend channel for more than 14 months. It has created an all-time high of 4361 and started its secondary downtrend move. Bajaj auto has three rejections on the upper band & lower band.
Currently, the price is on the top upper band of the parallel channel and facing resistance.
If the price fails to break the parallel channel, traders can expect a price touch on the control line.
The Control line has seven confirmation points, which validates the strength of the control line. We can see a pivot level of 3629 with five flip-flop confirmations. Bajaj auto is bullish above 3629, but the breakdown of this level will create concern for the buyers.
Bajaj Auto forming engulfing candle.Bajaj Auto on daily time frame has formed a bullish engulfing chart pattern.
The pattern is a bullish chart pattern and can give an up move.
Wait for the price to break the high of today's candle.
The target levels are marked in the chart.
Bajaj Auto LtdBajaj Auto Ltd showing reversal if sustain and break trendline then we can see long move
BAJAJ_AUTO - IntradayAll details are on chart.
Disc - Am not SEBI not registered. This post is only for educational purposes.
.................................................................................................................................
Bajaj Auto Ltd: Trading at support levelsNSE:BAJAJ_AUTO
Invest Idea: Time to accumulate good quality stocks
Bajaj- Autohigh : 04/02/2021 : 4,361.40
low : 24/03/2020 : 1,788.65
75 % : 3718.21
50% : 3075.02
25% : 2431.85
#Bajaj_Auto cash : Looks good sell around 3435-3450#Bajaj-auto cash -Positional sell on rise
02. March 2022
Looks good to sell around 3435-3450
stoploss 3525
Target 3280-3310/3210
Cmp 3372.50
Expecting baj auto to move downside for short periodExpecting baj auto to move downside in intraday as it seems its a pullback after a long downmove
Bajaj AutoBajaj Auto has touched the upper end of the downward trendline and for last 3 days unable to cross 3560-3562. On a downside target of 3200 looks open.
Bajaj Auto#chartkuchkehtahai #tradethechart #longterminvestment #ShortTermTrade
Stock: Bajaj Auto. If you watch monthly chart, around sep'10 stock has made high of 3000 and stock life time high was 4350 which was in feb'21.. That means in 12 yrs from 2010 to 2022 stock has not given enough return as compare to the market. But now on chart there is sign of reversal and seems stock is ready to start for fresh journey.
CMP: 3634
Target: 4600/5700/7200
Stop loss: 3000(WCB).
Purely portfolio stock for long-term . Since this is FNO stock movement will be slow.
Note: Educational post, pls do your own research before investing
Bajaj autoI don’t rember that if i have shared bajaj auto for swing but i rember that i did the analysis just sharing this for proof for later
