BAJAJ_AUTO trade ideas
Bajaj Auto - Inverse Head and Shoulder PatternBajaj Auto :
Buy Level = Near about 3700 level
Safe Stop Loss = 3600
Aggressive Stop Loss = 3560
Target 1 - 3850
Target 2 - 3900
Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.
BUY - BAJAJ AUTO - Initial Target : 4200 - STOP LOSS : 3600It gives the Channel Breakout and Make the successful opening closure on Day chart and Nice Closure above the downtrend in Weekly Chart.
would be the right pick for this month for the Initial Target of 4200 With STOP LOSS of 3600
Note : This is just an analysis of mine and not a recommendation / promise. I have the right to be wrong.
Watchout for trendline breakoutThe stock looks good positionally above 3770 level for targets of 3970 and 4200
Bajaj Auto looking bullishStrong breakout from bullish channel. Tomorrow is monthly auto numbers, let's see. Overall good for positional basis.
Please do your own analysis before taking any trade. Its not a recommendation.
Bajaj auto reversalAlmost Daily inside bar. RSI divergence. strict stop loss as overall looks bit weak.
BAJAJ AUTO Trading SetupIn a correction for some time, buy at the support level or above the given level.
Medium Term : Bajaj AutoBajaj Auto is now Trading near Equilibrium Point, RCI Reversal should be seen in coming weeks, 61.8 of Impulse is at 3410, Can start Accumulating this from here on, Exit if Sustains below 3250 on Weekly with Good Volumes, Shooting for fresh 52 Weeks High,
CONNECTOR WAVE X BOUNCEBAJAJ-AUTO HAS COMPLETED 5 IMPULSIVE WAVE AND CURRENTLY IS MAKING ABC ZIGZAG CORRECTIVE PATTERN ON DAILY CHART.AS OF NOW IT HAS COMPLETED BAJAJ-AUTO CAN RISE FROM CURRENT PRICE OF 3650 TILL 3950 WHILE FORMING WAVE B IN 3 SUBWAVE FOLLOWED BY 5 WAVE DOWNFALL TILL 3150(1:1 EXTENTION OF WAVE A FROM WAVE B TOP).
CURRENTLY 2 HOURS CHART IS SUGGESTING LONGS CAN BE INITIATED WITH 3550 AS STOP LOSS FOR A TARGET OF 3950.
DISCLAIMER:I AM JUST ELLIOT WAVE THEORY PRACTITIONER AND MAY TAKE POSITION ON SOME IDEAS THAT I POST.ANYONE READING MUST UNDERSTAND THE RISK AND NOT JUST ACT UPON MY VIEWS.
[Bounce] Bajaj Auto Trend Analysis and Buy IdeaMar 16
Refer the chart.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Bajaj auto good long candidateBajaj auto spot cmp 3580
Bullish Deep Crab pattern formation
Bullish divergence on RSI indicator
Wait for price reversal confirmation on hourly candle
Targets 3666-3777-3888
Good long candidate
BAJAJ AUTO, what a blasting breakout.rally is not over yet !!!Hello traders,
BAJAJ AUTO gave 11% move yesterday and it can give more returns.
both great for intraday and swing.
other details mentioned in the chart.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
Bajaj AutoMFI is oversold... price is trading near its Fibonacci support level.
Short term Target - 4020
Long term target - 4556
