Buy zone for bajaj financeBat pattern formed in bajaj finance. This is for educational purposes only.
BAJFINANCE trade ideas
bajaj finance- weakening,potential to move on downwardsbajaj finance- recently posted one of the best results, but price action looks on the different side. a good pullback short entry, might trigger further on downside for the stock.
BAJFINANCE - H&S Pattern Breakout Expecting a down trend in bajaj finance if breks the support below. Targets are mentioned below. Please do your own analysis
BAJAJ FINANCE: Technical and Fundamental RSI at 30, nearly 12M support line
Analyst giving upside of 10 - 20%
Tgt @ 7200 (8 - 10% upside)
Go Long on BajFinance
The stock is currently in a consolidation phase within a symmetrical triangle pattern. It’s approaching key support levels, with RSI near the oversold territory, suggesting potential for a rebound.
Currently near 32, approaching the oversold threshold. This might indicate a buying opportunity if the price bounces off the support level.
Bajaj Finance | LongBajaj Finance seems to have completed the counter trend move.
There's a lot of upside potential but according to my trading strategy I would suggest to go long with a target of ~4000 and SL of close below ~7000
Buy SetupMonthly 20 MA
Weekly 20 MA, Pivot
Daily CIP, 20 MA
Triangle
BUY if triangle Breakout with good volume
SL-6188
Only for educational Purpose
H&S Breakout in Bajaj FinanceBajaj Finance looks to have given a H&S breakout on daily. With further confirmation above , 7400 this has a great upside potential.
This is only for educational purposes.
Bajaj Finance BAJAJ FINANCE
✅ TRENDLINE BREAKOUT
✅ RESISTANCE ₹7400
✅ VOLUME BURST
✅ SUPPORT ₹6400
Wait for Short Term Resistance BREAKOUT ₹7400 (Buying Level)
Follow us for more interesting Stock Anylisis
BAJAJ FINACE Weekly Update 15/JUN/24Hello Traders.
BAJAJ FINACE i trade it because of its long & wide moves in a direction.
As we have identified a pattern thats semitrical triangle pattern near ATH levels.
The current scenario is That Bajaj Finance has taken support on Trend line & short term Chart pattern as Double Bottom.
Range Shift Occurs on RSI as it crossed above 50 levels indicates the Stock has Entered on Bullish Territory.
Watch out on 8000 levels on Daily Chart for Breakout moves.
HAPPY TRADING
Long Bajaj Finance 11000Expecting Bajaj finance to zoom towards 5 digit figure soon
Invested at 2650s
Bajaj FinanceIn a good consolidation phase
Planning to add half the quantity in dips and the remaining upon confirmation in weekly / monthly.
Good Returns are on cards.
Going to blast next week 7300 levelBajaj finance is looking good on the weekly and daily time frame and stands out in picture perfect area If anybody plans for a 2-3 week positional trade then in the upcoming days the target is nearly 7400,7500 & 7800 the stop loss is roughly 1-2% depending on your risk appetite consolidation period is over going to blast next week!
BAJFINANCE
Again the Price is at the support level one can plan good trade in moving up
Can check the previously posted charts in BAJFINANCE
Bajaj Finance : Momentum Building Bajaj Finance Momentum building up after yearly results.
- Public holding only 10.2% - historical low since 2017
- DII's holding 14.33%, up from 14% in Dec'23
- Marginal decrease in promoter and FII holding
- Ex dividend date approaching on 6/21 - Dividend of Rs 36
On daily charts
- RS1 56
- EMA 9 and EMA 21 have crossed EMA 63
- EMA 63 just below EMA 200
Fundamentals
- PE around 31
- PEG around 1.05
Buy and hold for target of 8000
Bajaj FinanceBreakout if happens from here,
The price can move a rapid move upside.
This is like spring.
Lets See
Use your own analysis. Not recommending any buying whosoever is reading this.
Bajaj finance buy on dip Target 8600+++Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bajajfinance Weekly Update 07/JUN/24Bajaj Finance is the Very intresting stock seems to me. Big range of candles & volatility creates a best trading opportunities for me.
As BAJAJ FINANCE is making a LH & LL formation in weekly charts.
Time Based correction is happening in Higher the Timerfames.
A Great reversal pattern Identified on weekly basis.
INVERSE HEAD & SHOULDER.
I have not printed on chart because i want all my beginner friend to Identify the pattern on Chart.
MONTHLY RSI < 60.
Weekly RSI < 60.
Not planning to take a Directional Trade.
BAJFINANCE | Consolidating in same range for about 4 years nowBAJFINANCE | Consolidating in same range for about 4 years now
Looks good for easy 50-60% rally
Trading at lower valuation and technically also in excellent area of value
CMP : 6915
Bajaj finance ascending triangle, Elliot wave, cup and handle stock raising from support trend line
trading at 50 % feb retracement from first.
8000 is the first target
10500 is final target
support 6500
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.
Bajaj finance buy trade hold buy given at 6700 Target upside bigOn Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bajaj finance buy on dip till 6580 not break 7100+ tgtOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
