BAJFINANCE - Weekly AnalysisIn the Weekly Chart of BAJFINANCE ,
we can see that; it is coming down to retest the support for 2nd time.
let it create a Hammer cancel so that we can enter with SL.
BAJFINANCE trade ideas
#Bajfinance cash : Looks good above 6930.10 only#Bajfinance cash -Positional call
31.01.2024
Looks good above 6930.10
Stoplsos 6890
Tgt 6990-7000/7080
Planning for False breakdown reversal pattern
Cmp 6863
AvoidDistribution at the top since long time
Now time for downfall
Don't buy at this price CMP 6900
Wait for 3000 levels
Could go for short selling in Bajaj FinanceStock has broken a critical support level and other point of short selling would be The Budget day.
It can fall around 10-11% .
Selling pressure can be seen in weeky timeframe.
Note: Don't take heavy positions
Bajaj FinanceThe only thing I can tell you about this stock is that it is a text book looking head and shoulders top pattern and the neckline is breaking today. So will we do what the text book says? Can the size of the head be replicated. Something to think about especially as you are near the neckline that is now the resistance.
#BAJFINANCE - Weekly Chart with H&S Pattern#BAJFINANCE -
Timeframe: Weekly Chart
Pattern: H&S Pattern
Probability: Break of base can lead to approx 600-700 point downside. Failure to break negates the pattern.
Bajaj finance hold buy trade given near 7050-7080 Target 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
Head @ shoulders pattern!Stock is making head @ shoulders pattern on weekly timeframe and may breakdown below 7000 levels. May hit immediate support of 6240 and 5600.
Bajajfinance looking very weak with a head and shoulder patternOn an hour TF bajaj finance is forming a head and shoulder patter and looks weak with a likely target of 5500 at the downside.
This is my personal view. Im not a sebi registered advisor. Pls treat as educational view. pls do due diligence.
bajaj finance at an interesting positionif we are shorting this week, definitely you can consider this stock as it hasnt tested its support line in a while and its waiting and dangling right at the first support line
BAJFINANCEBAJFINANCE looking good. Wait for ABOVE level weekly time.
buy after above weekly candle close.
please wait for weekly candle close.
NOTE- Only for Education Purpose.
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Bajaj finance ready for upside move sell recommended 7650 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
Bajaj finance sell recommended near 7600 , target 7000 hit 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
BAJFINANCE, INDIA, NSE Potential Head and Shoulders Pattern in Making
I repeat Making . If reversal comes on shorter time frame (say Daily charts) a potential candidate to SHORT
Fundamentally
(A) We are looking at a debt crisis scenario macro wise
(B) A potential bigger challenger entry like JIOFIN is -ve even(not been able to post same growth) if point (A) doesn't materializes
BAJAJ FINANCE | LOOKING GOOD FOR TARGET OF 8000+Bajaj Finance was trading in pennant pattern and gave a breakout. Looking a good buy around 7700 for the targets of 8000 & 8150.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Bajaj FinanceSupport based Trade.
Looks Good on Weekly Time Frame.
Chart is self explained.
Not a Call/Tip.
Bajaj Finance Cmp 7259 Rectangle & Pennant PatternBajaj Finance Cmp 7259 dated 1-12-2023
1. Small Rectangle Consolidation.
2. Pennant Pattern
2. Bo above 7280
Buy above 7280 target 7370-7450-7560-7650-7750 SL 7150
It is just a view, please trade at your own risk.
Bajaj Finance : Free fall on the way ?? Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Channel
📌 Symbol/Asset: BAJFINANCE
🔍 Description: Stock has made Broadening pattern and then not able to cross the resistance.
Now stock is making Rising channel and its near to the resistance.
If resistance is not broken then
We can see fall from 8250-8350 levels.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Positive for Bajaj Finance?20 SMA on verge of breaking 100 SMA from bottom. Visualising double bottom. Results expected this month. Multiple failure at the tops. A conservative target can be 8100. Decent volume spike on Daily Chart.
BULLISH IN BAJAJ FINANCEa great buying oppurtunity in bajaj finance. also has a decent volumn spike and fundamentals are already very good.
bajaj financeBAJAJ FINANCE
I t is looking good for short and long term swing. Can give 200/300 with in week.
#Bajfinance cash : Looks good above 7750.10#Bajfinance cash -Positional call
04.01.2024
Looks good above 7750 and
dips 7660 (After crossing 7750)
towards 8450-8500 and above
Stoploss 7400
Cmp 7705
