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Bajajfinance

Bajaj Finance - Next move?Bajaj Finance is a company of the prestigious Bajaj group and it currently trading at a PE value of 33.7 which is way below its Median PE of 46.9. It has a good profit growth of 35.8% CAGR over the last 5 years and it has increased its profits by approximately 11 times in the last 7 years. The stock should be held till around next March for good returns. This analysis is just for educational purpose. Please do your own retrospective study before investing.
NSE:BAJFINANCELong
by ronak16125
A bounce in BAJAJ FINANCE and then a 12 percent FALL??Bajaj Finance Ltd. completed a 5 wave up move in Oct. 2023( beginning in March 2023). From the very top of the 5 wave advance the stock seems to have fallen down in a 5 wave. This 5 wave to the downside should be considered as just the wave "A" of the correction that has begun in the stock. Wave B in the stock should now unfold in the stock to the upside(with upside limited to 50%-61.8% of wave 'A'). The 50% retracement of wave 'A' which comes in at 7750 should be considered as a major resistance and a probable area where wave 'B' could stop(61.8% retracement otherwise). Wave 4 low for the stock was at 6800 and that could be the target zone till where the wave 'C' could extend once it begins. Note*- This is not a buy/sell recommendation. This post is for educational purpose only.
NSE:BAJFINANCEShort
by neeraj_2_sharma
Baja Finance Intraday Trade Levels and AnalysisThe stock is reversing from demand zone after 4 days of consolidation in the same zone, also there is a double top breakdown in Daily time frame, and the stock is poised for a retest of the Double Top neckline area. 75 minutes shows Double bottom very evident with RSI divergence and RSI moving into 70+ strength zone, an up move of odd 7200-7400 levels is possible. Hence with the above levels, one can consider a long Intraday trade with an RR of min 1:1 or max even 1:2.
NSE:BAJFINANCELong
by Rugminik
3
Bajaj Finserve LTDNSE:BAJAJFINSV Buy : ₹1613 Target : ₹1735 Gain ~ 8% The stock is showing good signs of upward momentum. The price has come from the lower support of the triangle and now moving towards the upper resistance of the triangle. The rally from here will give around 8% gains. I'm a chartist, I paint charts. My charts speaks louder than words. The ideas represented here are only for educational purposes and not any kind of financial advice to buy or sell. Do your own research before investing.
NSE:BAJAJFINSVLong
by TradeTactic
BajajFinance Bajaj Finance gives breakdown of previous level but not sustain below that and gives V shape recovery Now there are two things - 1. This V shape recovery is a Stoploss Hunt for seller which is negative for stock 2. This is a Breakdown Failure which is positive for stock we consider that this is breakdown failure not stoploss hunt because of RSI gives breakout and close above 50 if stock retrace to breakdown level and creates a bullish candle stick pattern we saw 6100 level in few days. Second thing is trendline from top and stock taking rejection after breakout of trendline confirmation is 80% until confirmation is only 50%
NSE:BAJFINANCE1!Long
by HarishJangda
BAJFINANCE- Bearish Trend line BAJFINANCE is showing bearish momentum, and most of the stocks behave based on the overall market. and you have observed that now day market is very much volatile that's why stocks are not moving in any pattern. still, this stock gives a down moment with high volume that gives a high probability to move downward more. and we can't enter into trade immediately let them Retest the support zone and then enter into with a proper risk-reward ratio.
NSE:BAJFINANCEShort
by investing_views