BAJFINANCEQ2021 Gave 13% Return in 15 Days from 6250 to 7024On Aug 20 Shared BAJFINANCEQ2021 , and it gave 13% Return in less than 15 Days.
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BAJFINANCE trade ideas
Bajaj Finance For Intraday LongAs shown in chart it has formed pole and flag pattern. It can be good opportunity for intraday long.
BAJAJ FINANCE GOING FOR 7410, SUPER BULLISHBAJAJ FINANCE CMP 6980.15, long for target of 7410.Trading in the channel, SL 6954.
Baja Finance IDEABUY BUY BUY Here chart showing detail analysis about BajajFinance and its breakout and prediction of price.
BAJFINANCE can get into REBEL mode... by The_RedTickerR:R is not that attractive, So I am skipping this one but still looks like a good trade setup to me.
its taking good support at the lower end of the rising channel, lets see if it hold.
#The_RedTicker
Bajaj Finance Inverted HS Breakout And Range BreakoutInverted H&S + Range Breakout
Buy Bajaj Finance
Closing Price - 5755
Strict SL - 5540 (Day Closing Basis)
Target - 7000/7200
BAJAJ FINANCE - SHORT !It has made ending diagonal at top so one can short it with small stoploss
it will be a good trade
but do it on your own risk
Long Term - Bajaj FinanceBuy Range 1 - 45 WMA High
Buy Range 2 - 45 WMA Low
Buy Range 3 - 15 MMA Close
Bajaj Finance - Channel breakout 🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
SHORTING OPPERTUNITY IN BAJFINANCEIf Price pushdown to the expanding structure and pushup for the 3rd touch and strong push down followed by any type of FLAG, look to Short
Ascending Triangle Breakout - Potential Upside Bajaj Finance has been a green bull ticker for the past 3-4 days and broken out of an Ascending triangle channel with good volume
Moving Averages looking up, and MACD also under check.
However RSI is at 70 and can be waited for a trading session to see if it cools down.
Stop Loss is kept tight to avoid much downside at the bottom of the 2nd last candle.
If it breaks the red line, we are looking for a potential downside to the dotted green line.
Bajaj finance breakoutBased on the below analysis seems to be upmove if nifty supports next week
Camarila R4 breakout
Moving average breakout
Channel breakout
BAJAJ FINANCE MAKING HIGHER HIGH. LOOKING STRONG FOR UPPER MOVEBajaj Finance Already In Uprend From Many Months, Now After Day Breakout Consolidated Near Sypport Area And Agin Started To Take A Up Move.
higher High Formation Done With Great Volume. Hold For New High.
TARGET SEEM 6420-6500 FOR LONG,
Once close above upper trendline then we can see a big move.
BAJFINANCE - CUP & HANDLE BREAKOUTBreakout visible in hourly chart
Good for swing / intraday upon breakout
Refer chart for levels
Intraday Trade: watch for resistance breakoutbuy above 6480
can take resistance around upper tl around 6530-6540
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
BAJAJ FINANCE LTD.NSE:BAJFINANCE
Bajaj Finance Ltd.
DATE - AUG 16, 2021.
NBFC HEAVYWEIGHT OF INDIAN STOCK MARKET.
TECHNICAL ANALYSIS.
1. Stock gives breakout of symmetrical chart pattern, and touches previous high.
2. Breakout level 6400.
3. ALLIGATOR is positive.
4. SUPERTREND is positive.
5. Avg. DELIVERED & TRADED Qty.
6. Stock traded ABOVE MA 21/50/100/200/250/300.
FUNDAMENTAL ANALYSIS.
SECTOR: Finance - NBFC
1. MARKET CAP - ₹ 3,84,921.17 Cr.
2. P/E - 97.97
3. P/B - 10.55
4. ROE - 11.77%
5. ROCE - 9.50%
6. EPS - 65.09
DISCLAIMER - All analysis are for educational purpose. it is not a trading or investment advise.
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Bajaj Finance - Long wait for break out of upper trend line... also after getting a confirmation bullish candle with small rejection the go for long..
Bajaj Finance Long IdeaBajaj Finance on hourly has a strong demand zone of 6150 area where it has closed yesterday.
It had stopped the bears badly by breaking down from that area and not giving follow through leading to a 200pt rally from that drop to around 6050.
After that 200point move the price has come back to retest 6150 with 50point stop on closing basis I think one should go long on Bajaj Finance with a target of T1- 6350 T2-6550.
Bajaj Finance at SupportBuy Bajaj Finance at 6150
SL 6060
Target 6480
Duration August Expiry.
One may also buy in future considering futures levels near the same zone.
