Buy Bajaj AutoBuy Bajaj Auto above 3425 with stoploss of 3350 ..Target is 3490,3580 and 3675.
Study : Forming Pennant Pattern after Breakout ...
Pennant Breakout level is 3425 .
All levels are on closing basis
BAJAJ_AUTO trade ideas
6 Aug 2020 to 11 Aug 2020 Bajaj - AutoLevels are indicated on chart . If you used the chart let me know how it helped
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For education purpose , refer to your analysis before proceeding
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DISCLAIMER : I AM NOT A SEBI RESITERED ADVISOR SO TRADE ON YOUR RISK
BUT I HAVE GOOD EXPERIENCE IN STOCK MATKET FROM LAST 17 YEAR SO I AM JUST SHARING MY EXPERIENCE WITH YOU ALL
INVESTMENT IN STOCK MARKET IS SUBJECT TO MARKET RISK
Bajaj auto bullishBajaj auto has broken the triangle pattern with a huge volume making it bullish
#positional
Buy Bajaj auto at 3414
Tgt: 3700, 4000+
Sl: 3220 CLBS
Timeframe: 3-4 weeks
#BAJAJ_AUTO CASH : LOOKS GOOD ABOVE 3425.10#Bajaj-Auto cash
28.12.2020
Looks good above 3425.10
stoploss 3400
target 3467-70/3520
Cmp 3415
BAJAJ-AUTO looking for trend continuationBajaj auto can be a good long above 3420 levels
looking for trend continuation!!
BAJAJ AUTO FORMING CUP AND HANDLE PATTERN + ASCENDING TRIANGLEBAJAJ AUTO forming a cup and handle pattern + ascending triangle careful there is also a RSI divergence.
Trade setup for BajajAuto for 28 Dec 20203360 levels is great pivot price for todays trade setup. If the market opens above this level, wait for the pull back to the mid buy zone 1 for buy confirmation and wait for the upper targets.
If 3360 fails to sustain on opening or forms a confirmed rejection at this level then we can expect the market to touch lower buyzone 2 where buyers are placed.
Breakout Pullback Long tradeFundamental :Stock is in news for its new project plant in Maharashtra
Technical :1)Stock has been rejected from previous level
2) Price has formed pin bar candle
3)Trade is based on breakout pullback.
BAJAJ AUTO TARGET 3560Can take take trade with 3150 as stop loss for a min target of 3560 in 5-9 days.
BAJAJAUTOGave Flag Breakout with good volume.
Can move further up from here.
Use for Education Purpose.
Trade according to your analysis.
Note:- This is my Personal view. Contact your Financial advisor before taking any Investment decision.
BAJAJ AUTO another impulse wave?seems it may break out soon.
probable targets shown in the chart.
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BAJAJ ABOVE 3380 CAN BREAKOUTHalf journey from box breakout is complete , now the second leg may begin soon.
BAJAJ_AUTO, FLAG & RESISTANCE ZONE BREAKOUT. HIGH PROBABLE SETUPAll levels mentioned on chart
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Thanks
Piyush Gupta
Learn & Earn
