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BAJAJ FINSERV LTD.BAJAJ FINSERV LTD.BAJAJ FINSERV LTD.

BAJAJ FINSERV LTD.

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BAJAJFINSV trade ideas

BAJAJFINSV : Short Term View for Swing / Positional Tradewww.tradingview.com BAJAJFINSV : After almost 12% correction, this stock is breaking out at upper side with off-course massive Volume support. While looking at mathematical price movement predictions, here are the HIGH, MEAN and LOW can be: HIGH = 2040 MEAN = 1793 LOW = 1295 While looking at chart, it shows the latest Fibonacci retracement of 61.8% tested. While it is still above the psychological mark of 50% retracement, the other confluence factor can support in our bullish view. If we look at RSI on daily timeframe again, it is touching the level of 60 which is a strong sign of fueling the bull. The current price is above the next psychological level of market which is 20-SMA. In addition, it is also making Falling Wedge on daily chart which is also a mark of bullish reversal. It is also a strong candidate of making 52w high and currently lagging with 5.4% from 52W high price. One can look for an opportunity for a swing or positional trade in it.
NSE:BAJAJFINSVLong
by Stox_Ware
BAJAJ FINSERV LTD S/R for 1/4/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
NSE:BAJAJFINSV
by zenthosh
Falling wedge on BAJAJFINSVBAJAJFINSV formed a falling wedge chart pattern on daily chart. There were multiple support and resistance tested as shown on the chart. Moreover, notice the volume when price falls and on the breakout day. Notice the hammer candlestick formation at support, indicates buyer are out there to push the price high. There was a strong breakout candle formed with a wick (something to be dealt with caution, it could be profit booking as well). Ideal entry would be just above breakout days close with stop loss below the previous swing low. An easy 1:2 risk reward ratio. Hope you liked my analysis. Please feel free to comment your view or boost this idea if you think it was worth your time.
NSE:BAJAJFINSVLong
by digijagan
Bajaj Finserv Ltd. Elliot Wave Theory AnalysisI have performed Elliot Wave Theory analysis on BAJAJFINSV daily time frame. The internal wave counts are not shown on the charts as they get cluttered. Wave 2 retraced 0.65% Wave 2 is a sharp correction Wave 3 was calculated with the Fib Extn tool starting from wave 1—end of wave 1—end of wave 2. It is precisely 1.618%, which signifies that wave 3 is extended. However, the target for wave five should be between 0.618 and 1% when you project it from the start of wave 1—end of wave 3 to the lowest bottom of wave 4 (mostly sideways). Alternate for corrective wave If wave 2 of an impulse is a sharp correction, expect wave 4 to be a sideways correction and vice versa.
NSE:BAJAJFINSVLong
by vikasbhekare
Bajaj Finserv Ltd. - Management Quality and Economic MoatNSE:BAJAJFINSV Bajaj Finserv Ltd, a leading Indian financial services company, has showcased notable management quality and developed a significant economic moat. The company operates through its controlling stakes in various businesses, including Bajaj Finance Ltd. (BFL), a large and profitable NBFC. Management Quality: Strategic Growth and Diversification: Bajaj Finserv has strategically diversified its business into lending, asset management, wealth management, and insurance. This diversification helps mitigate risks associated with market fluctuations in any single sector. Financial Performance: The company has demonstrated strong financial performance over the years. Its operating income grew significantly from ₹6,022 crore in FY2014 to ₹82,071 crore in FY2023. The adjusted EPS (Earnings Per Share) also showed a healthy growth trajectory, increasing from ₹9.7 in FY2014 to ₹46.5 in FY2023. Capital Adequacy and Asset Management: Bajaj Finserv maintains robust capital adequacy, ensuring a solid financial foundation and ability to invest in growth opportunities. Its subsidiary, BFL, has an AUM (Assets Under Management) increase of 29% to ₹197,452 crore in FY2022. Economic Moat: Market Position and Sectoral Importance: Bajaj Finserv, through its subsidiaries, has become a vital part of India's financial sector. BFL alone constitutes a significant portion of the NBFC sector's assets. Customer Base and Reach: With a franchise of 57.6 million customers and an expansive distribution network, the company has a deep penetration in the market. This wide reach is crucial for sustaining long-term growth and maintaining a competitive edge. Digital Transformation: The company’s focus on digital transformation and omnichannel strategies enhances customer experience and operational efficiency. This positions Bajaj Finserv favorably in an increasingly digital financial landscape. Strengths and Weaknesses: Strengths: Strong growth in business volume anticipated by analysts. High profitability with outstanding net margins. Frequent positive revisions of sales forecasts and strong analyst recommendations. Agile and innovative response to external events like demonetization, GST implementation, and the pandemic. Weaknesses: High valuations in earnings multiples and balance sheet size. Limited generosity in shareholder compensation. Conclusion In summary, Bajaj Finserv Ltd's management quality is characterized by its strategic diversification, robust financial performance, and effective capital management. Its economic moat is reinforced by its significant market position, vast customer base, and digital transformation initiatives. The company's strengths in maintaining high growth and profitability are counterbalanced by its high valuation levels and a conservative approach to shareholder compensation.
NSE:BAJAJFINSVLong
by amitlall_79