BAJFINANCE trade ideas
BAJAJFINANCE levels.NSE:BAJFINANCE
It has been trading in range between 6100 to 6200 since 9th July.
6100 have highest Put open interest and 6200 have highest Call open interest in July expiry options.
6100 is working as immediate support and 6200 is working as immediate resistance. And stock is also taking resistance from the trendline shown in the chart.
It is worth to watch and keep an eye on this stock. Any break on either side will give a significant move.
Buy only once the 6200 to 6225 range is breakouts properly. And sell only below 6094 after it breaks down it. It will give good profit on either side.
Don't jump in the trade without getting clear breakout or breakdown confirmation.
Comment below if my Ideas are helping you to understand the levels.
Also comment your suggestion or doubts.
All the best for trading in next week. Have a good weekend.
BAJFINANCE Levels for 15-JUL-21(Intraday) Buy above 6145 for 15,40,70+++
Sell below 6115 for 15,40,70+++
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All views for Educational purpose, Trade at your own risk
BAJAJ FINANCE has never let us downSelf-explanatory chart analysis and the trend line could go as drawn in the triangle pattern channel.
BAJFINANCE Levels for 13-JUL-21(Intraday)
Buy above 6162 for 15,40,70+++
Sell below 6135 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
BAJFINANCE Levels for 12-JUL-21(Intraday) Buy above 6150 for 15,40,70+++
Sell below 6085 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Big move comingAfter trading in range for a long time a strong move is expected in the coming sessions.
Levels for - 08 July 2021 Wedge Pattern
Always be extra cautious with breakout trade with confirmation .
Hourly triangle pattern breakout 💥Bullish breakout of triangle pattern on hourly timeframe
Can also be considered as a bull flag breakout
Good for buying
bajaj finance if breakout of triangle new rally will resume bajaj finance ifbreakout of triangle new rally will resume
BAJAJ FINANCE LOOKING BEARISHFOR SHORT TERM BAJAJ FIANANCE TREND IS DOWNSIDE. HENCE , ONLY TRADE WHEN STOCK BREAKDOWN SUPPORT.
Elliot wave Analysis # Bullish ViewBAJAJ FINANCE LTD
Daily Bar Chart (log scale)
Bullish Sequence
Ending Diagonal in play NSE:BAJFINANCE
BAJFINANCE Levels for 05-JUL-21(Intraday) Buy above 6030 for 15,40,70+++
Sell below 5975 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Bajaj finance short idea.Major resistance at 6100 and Huge OI at 6100 and 6200 level. it may show correction from
