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BAJAJFINSV

Bajaj Finserv from 17 July 2020The stock is showing bullish sign in 4h Timeframe ... positional long can be taken. There is consolidation zone present right above the 6403 level ..which might result in some high wick candles MFI is showing sign of increasing .. though RSI and MACD in -ve zone --> consolidation zone very problematical Targets --> 6664 -> 6905 (tough) Trade setup : Safe Setup : ( Sell 5700 PE + Sell 5600 PE ) + ( BUY 4800 PE * 2 ) to decrease margin total profit : 10K margin 160K Nerves of Steel Setup : 1. Sell 5700 PE + Sell 5600 PE 2. Buy 6300 CE use appropriate hedging to decrease margin :: assumption taking 4800 PE *2 and 7200 CE total profit : 90K margin: 180K very risky : 48% success probability
NSE:BAJAJFINSVLong
by Trade_with_yash
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
NSE:BAJAJFINSVLong
by kautilya_k