bajaj finserveBajaj Group has become the fifth business house to cross the Rs 10-lakh-crore mark in market cap. Earlier, Tata Group, Mukesh Ambani Group, HDFC Bank and Adani Group have achieved this milestone
BAJAJFINSV trade ideas
Bajaj Finserv LtdTARGET AND STOPLOSS IN CHART
FUNDAMENTALS
Market Cap
₹ 2,72,853 Cr.
Current Price
₹ 1,710
52 week High / Low
₹ 1,724 / 1,215
Stock P/E
36.8
Book Value
₹ 319
Dividend Yield
0.05 %
ROCE
11.3 %
ROE
14.8 %
Face Value
₹ 1.00
Promoter holding
60.7 %
EPS last year
₹ 40.3
EPS latest quarter
₹ 12.1
Debt
₹ 2,51,552 Cr.
Pledged percentage
0.01 %
Net CF
₹ -2,409 Cr.
Price to Cash Flow
-6.91
Free Cash Flow
₹ -40,603 Cr.
Debt to equity
4.94
OPM last year
36.4 %
OPM 5Year
33.8 %
Reserves
₹ 50,713 Cr.
Price to book value
5.36
Int Coverage
2.28
PEG Ratio
1.90
Sales growth 3Years
14.7 %
Profit Var 3Yrs
24.0 %
BAJAJFINSVStocks trading near 2 Day high as well as with rising volumes and closing strong , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
Cup with Handle Bajaj Finserv
Cup With Handle Pattern
Breakout
Breakout Confirmation
Superb Company
Best ever results.
BAJAJFINSV NSE:BAJAJFINSV
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BAJAJFINSV - 4 months ASCENDING TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
Bajajfinsve Bajajfinsve has respect the trend line and slowly slowly now changed the trend very good leval for buy
2x target...Penant formation2x target...Penant formation
See the symmetrical triangle formation, and HH formation on everytime frame...
Bajaj Finserv is ready for a breakoutstock is consolidating near breakout level
strong up trend seen on chart
A Winner run for BAJAJ FINSERV?BAJAJ FINSERV looks promising for an upside gain as it makes new powerful momentum swings. The stock has formed a ascending triangle zone where it tried breaking out near previous resistance zones. After being an underperformer for over an year it would be interesting to see if it can break through previous price points & recover to form new highs.
BAJAJFINSV : Booked profitsI've realized a profit of approximately 26.65%.
While there is a potential for a 17% move to reach the all-time high from the current levels, it's important to note that the downside risk is considerably higher, at over 43%.
From a technical standpoint, the price has consistently faced rejection at the current levels. Given the overall market situation and the stock's valuation, I no longer find it prudent to maintain my position. Therefore, I have decided to secure my profit.
However, I will certainly consider re-entry if the price retraces back to the lower end of the channel line, as indicated in the chart.
BAJAJFINThese are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
Bajaj finserv is about to give a brekout on weekly chartBreakout Soon Stock.
Strong Uptrend Seen on Chart.
Stock is trading near Breakout level.
Stock is trading above 200D EMA .
Company has delivered good profit growth of 19.4% CAGR over last 5 years
Stock Name : - Bajaj Finserv.
Head and shoulders breakoutHead and shoulder break out. On daily candle there is a good break out . We can see a good upword direction.
BULLS CAN ENTER HEREThis stock shows strength above 1530
For the target ofGET 1575/1615/1660 For short term.
Bajaj FinserveDate: 5th Sep, 2023
I am Bullish on Bajaj FinServ with below technical parameter.
1. Head & Shoulder Pattern.
2. Bullish Ingulfing
3. Fibonacci retracement from 50% and crossed 38.2%
4. Cross and Consolidate on EMA on 100 & 200.
5. Big Volume
BAJAJFINSV ViewsThis script attracted my attention on 21/08/2023 EOD basis.
It seems to be a turnaround from the value area as marked in the chart drawing.
AS it is almost 3% away from the value area, now onwards it will be interesting candidate for the study purpose for the movement towards the immediate target as shown in the chart drawing.
BAJAJ FINASERVE SUPPORT NOT BREAK DOWN TREAND LINE AND STAG SOME TIME SOME CONSOLODATION IS MUST BUT NOT BREAK TREANDLINE IF GOING ANY BREAKOUT ON UPPER SITE entry done and stoploss is big but i am wait one bulllish candle and stoploss is same candle low happy trading
Range getting tighter.Bajaj Finserv weekly chart in a narrowing range. Above 1660, we could see 1900, below 1220, 1050 could be possible. Which way will this breakout?
❤ & follow for more.
Bajajfinserv becomes bullish if 1295 level breaks on upside RSI divergence on 75 mins TF
If it breaks & retests 1295 level on 15 mins TF, that would be the entry point.
BAJAJFINSV Analysisthe stock is trending upwards from long term...
now price is reached the previous strong support...now acts as a resistance...
yesterday a long rejection is observed from the same zone...
on bottom we have seen, that a bullish gap left below...
is this an exhaustion gap at resistance...price fall is going to happen.
a strong move is observed from 1500 zone...
If the previous resistance gives support it will reach top side...
if the bottom side demand will pushes the price upwards...after reaching the zone look for buy at previous resistance...
If demand gives support,previous resistance acts as resistance again falls.
