Nifty Auto sector has given a breakout due to breakout of Maruti. Auto sector shares likely to go up.
Buy Bajaj Auto 3700 CE Feb expiry if it closes above 3670 within the next 2 days.
The patterns seen in weekly time frame. Trend line break out.
And another pattern is W which is formimg now.
As long as price sustains above 3640 - 3680, it can move towards 3740, 3804. And if price sustains 3780 - 3820 zone, then we can expect the move towards 4000.
Triangle Pattern Breakout
Bullish Trade
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
Bajaj Auto 3717 dated 25-1-2023
1. Triangle Bo done @ 3705
2. RSI BO
3. Quarter result came excellent.
Buy @ CMP for target 3770-3815-3885 SL 3650
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means...
hello friends as you can see in daily chart frame now market make breakout trend line and making good bullish candle and moving average also confirmation is given so that's means market will be go up i hope you like my idea so please follow your brother and god bless you thank you.
BajajAuto has given breakout of trendline on Daily Time frame. It has also consolidated for almost 1 month in rectangular box, breakout of price above this box will five target of 3695 and if closes above 3710 then we can see next target of 3750. Please note this is just my view, I am not SEBI registered advisor, please consult your financial advisor before taking trade.
Bajaj Auto 3616 dated 30-12-2022
1. Triangle Bo above 3610
2. RSI BO
Buy @ CMP for target 3675-3715-3770 SL 3560
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses...
Now most of the Time people tend to misunderstand trend direction and bias
Here i have made an efforts in Explaining the application of Wave theory by labels and also providing an visual pattern for trades how they form
One can consider this as education content rather taking it as advise of some Trade action
Good luck
It is in symmetrical triangle pattern, and took support at 100 EMA , if it breaks and close it may go down. But wait for the breakout to confirm the direction
Here is Big Shorting Opportunity in Bajaj Auto Daily Chart. Can Short near price range of 3650 to 3700 for the targets og 3100 to 3050 . This is the Short Term Shorting Opportunity. According to Elliott Wave Theory Waves A & B successfully completed with exact Fibonacci Calculations. Now, its time to Capture Wave C .
NSE:BAJAJ_AUTO
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Bajaj Auto is forming Bearish Flag in Daily Time Frame. One can sell Once it Crosses MA 50 i.e 3715 , As MA 50 have already crossed MA 100 , if it continues its downtrend it will cross MA 200. Targets are mentioned on charts. View invalidates if Prices move above channel.
