Bajaj
Give me Green my Lord !Well a lord will help when you set your theory practice right. In the above analysis the pink box was support cum resistance which seems to have become a weak resistance point and can be a point of breakout spurt. Do check the volume for confirmation with price action
Follow us on twitter and te l e g r a m
BAJAJ FINSERV | Bottom is in.This is the cheapest you can get your hands on this stock for.
-Clearly there is a triple bottom formation and institutional buying at these levels
-Volume agrees with it.
- As a trader I would be a huge buyer if the price action breaks above the rectangle.
- If you're a long term hodler this is your time to shine.
Note: Considering Prime Minister Narendra Modi's declaration of an economic stimulus many businesses will see a strong upside. Although I would keep an eye on the current COVID-19 situation.
Happy trading!
-Kautilya.K
BAJAJ FINANCE : 3-4 CONFIRMATION TRADE SETUP Hello guys,
I hope you all do well in this quarantine season Stay home and stay safe.
Many of user taking trade-in Bajaj finance and its very popular for intraday.
If you are looking for stocks for delivery you can look Bajaj finance as well,
Confirmation
1. cup and handle
2. triple bottom
3. Triangle breakout
Buy only after breakout I mention in the chart stop loss @2170
Target 2500-2600-2800-3200
Thanks
Bajaj Finance Ltd Technical Analysis Indian Stocks Market Bajaj Finance Ltd Technical Analysis Indian Stocks Market
Bajaj Finance is engaged in the business of lending and primarily deals in financing of two and three-wheelers, consumer durables, small business loans, personal loans, mortgage loans, loan against securities, etc.