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

BAJAJ FINSERV LTD.

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BAJAJFINSV trade ideas

Bajaj Finserv: Comprehensive Analysis and Outlook for FY 2024-25Bajaj Finserv (BAJAJFINSV) has consistently been a key player in the Indian financial services sector. As of April 2024, the company has demonstrated robust performance across multiple financial metrics, cementing its position as a market leader. This analysis delves into its EBITA margin, chart trends, fundamental strengths, and year-on-year (YoY) comparison, followed by a future outlook extending to March 2025. Fundamental Analysis: Fundamentally, Bajaj Finserv remains strong with a diversified portfolio across insurance, lending, and wealth management. The company’s prudent risk management and focus on digital transformation have bolstered its market position. Revenue growth has been steady, supported by an expanding customer base and innovative financial products. The balance sheet reflects a healthy capital structure, with minimal debt and strong liquidity ratios. EBITA Margin: For the quarter ending June 2024, Bajaj Finserv reported an impressive EBITA margin of approximately 35%, reflecting strong operational efficiency. This margin indicates the company's ability to generate profit before interest, tax, and amortization, underscoring its solid revenue model despite a challenging economic environment. Over the last three years, the EBITA margin has consistently improved, showing resilience against market volatilities. YoY Comparison: Over the past three years, Bajaj Finserv has seen a compound annual growth rate (CAGR) of 12% in revenues. The profit margins have also shown an upward trajectory, with the 2023 fiscal year marking a notable recovery post-pandemic. The company’s return on equity (ROE) has improved from 15% in 2021 to 18% in 2023, demonstrating enhanced efficiency and profitability. Chart Analysis: In August 2024, the daily chart for Bajaj Finserv reveals a phase of consolidation within a symmetrical triangle pattern, indicating indecision in the stock's movement. The price has been oscillating between defined support and resistance levels, signaling that traders should be on the lookout for a potential breakout. A decisive move beyond the triangle boundaries will likely determine the next direction of the stock. On a weekly basis, the chart shows a bearish trend, as Bajaj Finserv has consistently closed lower than it opened in recent weeks. This trend points to persistent selling pressure, with resistance remaining firm. The Relative Strength Index (RSI) is approaching oversold territory, which could hint at a possible bounce or reversal if selling pressure subsides. However, until such a reversal is confirmed, the bearish trend is expected to continue. The monthly chart provides a neutral to bearish outlook for Bajaj Finserv. While the stock has demonstrated some resilience, it has struggled to break through the resistance level around ₹1,950. The flattening of longer-term moving averages and the price action suggest a period of consolidation rather than a strong directional move. The monthly RSI remains neutral, reflecting the overall uncertainty surrounding the stock's medium-term trend. Future Analysis and Prediction till 31-03-2025: Looking ahead, Bajaj Finserv is expected to continue its growth trajectory. The company’s strategic initiatives in digital finance and expansion in rural markets are likely to drive revenue and profit growth. By the end of March 2025, the stock could potentially reach ₹2,200, with EBITA margins expected to stabilize around 36%. In summary, while Bajaj Finserv shows potential for a breakout on the daily chart, the weekly and monthly trends indicate caution, with bearish signals predominating. Traders should monitor key support and resistance levels closely and look for confirmation of any breakout before committing to a position.
NSE:BAJAJFINSV
by shvishal
BAJAJFINSERVE - Signal before a Big Breakout ?Bajaj Finserve has been undergoing a correction since 2021, forming a triangle pattern. It appears that the stock has finished its 4th wave in the form of a triangle and is now poised for the 5th move. Finding an entry during a corrective phase is always challenging as prices tend to be choppy and sideways. However, upon analyzing wave e of the triangle, it was quite sharp and broke down the support levels, trapping the bears. What particularly caught my attention was the breakout of an inverted head and shoulders pattern on the daily chart. This is a strong pattern that suggests a potential bottom for the stock. Additionally, the breakout occurred at the exact crossover of the 20 EMA and 200 EMA. Taking all of these factors into consideration, it could indicate a favorable upside potential despite the significant resistance from the top trendline of the triangle. The partial stop loss should be set at today's candle low and partial at around 1550. We can aim for a minimum target of 1800. This gives us a favourable risk to reward ratio. All the data points are indicated on the chart Disclaimer: Please note that the information presented in this analysis is intended for educational purposes only. It is highly recommended to seek advice from a financial advisor before making any investment decisions. I cannot be held accountable for any financial losses that may arise
NSE:BAJAJFINSVLong
by harshit22
4
#bajajfins weekly time frame Bajajfins is forming really good pattern. It's going up and down but u guys can see this time it has started consolidation at break out lvl. Look it good on daily time frame too as it is in supp on that time frame too which is good for short term and small targets. For big we have to wait patiently as finance sector is not doing even tho stocks are publishing good results too . One can add this in there watch book . It's not any buy/sell recommendations.
NSE:BAJAJFINSVLong
by broly_
BAJAJ FINSERVE - DAILY TIME FRAME - MY VIEW ONLYThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Please keep your comments useful & respectful. Keep it simple, keep it Unique. Thanks for your support Tradelikemee Academy Saanjayy KG
NSE:BAJAJFINSVLong
by Tradelikemee
Bajaj Finserv again looking good to go longBajaj Finserv Ltd. is a holding company involves in lending, insurance, and wealth advisory businesses. It operates through the following segments: Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others. It is also the holding company for generation of Electric power through conventional and unconventional methods. Negative aspects of the company are high PE, High promoter stock pledges and company not able to generate enough cash through operations. There were increased provisions for NPA during the recent results. Positive aspects of the company are MFs increased stake in the company in past month, company reducing debt, FIIs increasing stake in the company and increasing revenues since last 3 quarters. Entry can be taken after closing above 1613. Targets in the stock will be 1633 and 1663. The long-term target in the stock will be 1692 and 1724. Stop loss in the stock should be maintained at Closing below 1515 on a weekly closing. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:BAJAJFINSV
by Happy_Candles_Investment
Bajaj Finserv Ltd (ticker: BAJAJFINSV) ForecastThe chart provided is a weekly candlestick chart for Bajaj Finserv Ltd (ticker: BAJAJFINSV) on the National Stock Exchange (NSE). Here is a detailed analysis and summary of the chart: Timeframe and Data: - Timeframe: Weekly - Data Range: From mid-2021 to mid-2024 Price Analysis: - Current Price: ₹1,601.70 - Price Movement: The stock has experienced significant volatility over the period, with notable highs and lows. - The price reached a high near ₹2,200 in mid-2021 and has since been in a downward consolidation pattern. Technical Patterns and Indicators: - Symmetrical Triangle: The stock appears to be forming a symmetrical triangle pattern, which is typically a continuation pattern. The price is converging between the upward trendline (support) and the downward trendline (resistance). - Upper Trendline Resistance: Around ₹1,734.30 - Lower Trendline Support: Near the major support zone around ₹1,323.15 to ₹1,350.00 - Major Support Zone: The area between ₹1,323.15 and ₹1,350.00 has acted as a significant support level in the past, preventing further decline. Key Levels and Future Projections: - Resistance Levels: - Immediate Resistance: Around ₹1,734.30 (upper trendline of the triangle) - Next Resistance: Around ₹1,841.60 - Major Resistance: Around ₹2,020.45 - Support Levels: - Immediate Support: The major support zone between ₹1,323.15 and ₹1,350.00 - Trendline Support: The upward trendline of the symmetrical triangle around the current price level Trade Setup: - Bullish Scenario: If the price breaks above the immediate resistance at ₹1,734.30 and sustains above this level, it could potentially move towards the next resistance levels at ₹1,841.60 and ₹2,020.45. This would confirm a breakout from the symmetrical triangle pattern. - Bearish Scenario: If the price fails to break above the immediate resistance and moves below the major support zone, it could indicate a potential downside towards the lower levels. Conclusion: The chart for Bajaj Finserv Ltd shows the stock in a consolidation phase within a symmetrical triangle pattern following a significant decline from mid-2021. Key levels to watch include the immediate resistance at ₹1,734.30 and the major support zone around ₹1,323.15 to ₹1,350.00. A breakout above ₹1,734.30 could signal a bullish move towards ₹1,841.60 and ₹2,020.45, while a failure to hold above the major support zone could indicate potential further downside. Traders should look for a confirmed breakout in either direction to make informed trading decisions.
NSE:BAJAJFINSVLong
by The90sTraderOfficial
BAJAJ FINSERVEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support..... Tradelikemee Academy Saanjayy K G
NSE:BAJAJFINSVLong
by Tradelikemee
3
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