Get started
BAJAJ FINANCE LIMITEDBAJAJ FINANCE LIMITEDBAJAJ FINANCE LIMITED

BAJAJ FINANCE LIMITED

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

BAJFINANCE trade ideas

BAJFINANCE Breakout – Holding Strong! The recent breakout in Bajaj Finance Ltd (BAJFINANCE) looks promising. 📈 Is this the end of BAJFINANCE 42 month long consolidation? While the broader market is in a correction phase, this stock is showing resilience—for now. 🔎 Important Note: During market crashes or prolonged corrections, strong stocks tend to correct later and with a smaller percentage decline. ⚠️ This is NOT a buy recommendation. Please consult your financial adviser before making any investment decisions.
NSE:BAJFINANCELong
by AccuTrends
Bajaj Finance Elliott Wave Analysis – Triangle Before Next move? The daily chart of Bajaj Finance suggests an ongoing Elliott Wave triangle correction in Wave (4). Currently, the price appears to have completed Wave (d) near the upper trendline resistance, indicating a potential pullback towards the lower boundary (~₹6,533) to form Wave (e). If this structure holds, we could see a strong bullish breakout in Wave (5), targeting new highs. 🔹 Key Observations: ✅ Triangle Formation: Price action is consolidating within a contracting structure. ✅ Wave (d) Completion? Price has touched the upper boundary, signaling a possible correction. ✅ Wave (e) Drop? A move towards ₹6,533 would complete the correction before a bullish leg up. ✅ Upside Target: A breakout from the triangle could lead to a strong rally beyond ₹9,000. 🔹 Strategy: 📉 Short-term: Watching for a potential dip towards Wave (e) for a buying opportunity. 📈 Long-term: Bullish bias remains intact if the structure holds. 🚨 Disclaimer: This is my personal analysis, and I may be completely wrong. This is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any trading decisions. I am not a SEBI-registered analyst.
NSE:BAJFINANCE
by kalpeshloke
Analysis of Bajaj Finance Ltd (NSE) – Weekly ChartTechnical Summary: Elliott Wave Structure: The chart suggests an ongoing impulse wave (Wave 3 in green) after completing Wave 2 correction. Future projections indicate the completion of Wave 5 around 15,543 as a 1.618 Fibonacci extension. Support & Resistance Levels: Strong Support: 5,718.60 (highlighted in green) – a crucial support area. 5,292.75 (Fibonacci 38.2% retracement) – historical support level. Resistance: 8,739 (current high) – breaking above this could confirm a bullish continuation. 15,543 (Wave 5 target) – major long-term price target. RSI Analysis: RSI at 70.56, near overbought territory. RSI-based moving average at 59.41, indicating strong momentum. Key Observations & Potential Risks: ✅ Bullish Scenario: If price sustains above 8,739, the next major move could lead towards 15,543. Strong wave structure confirms long-term bullish potential. ❌ Bearish Risk: If price fails to hold above 8,739, a correction toward 5,718 – 5,292 levels is possible. RSI in overbought territory suggests a potential short-term pullback before further upward movement. Recommendations & Strategy: Monitor breakout confirmation above 8,739 for further upside. Be cautious of a short-term pullback, especially if RSI starts declining. Long-term investors can hold positions, while traders may wait for a retracement entry near 7,500 – 6,500.
NSE:BAJFINANCE
by Pushpmegh
Bajaj Finance Breaks All-Time High After 2+ Years: What’s Next.?Bajaj Finance has surpassed its previous all-time high of 8,080 rupees, fueled by robust buying activity amidst optimistic projections of rising consumer demand and a potential reduction in RBI interest rates. Traders may want to consider initiating a long position if the stock retests the 8,140 level. However, it is important to note that setting specific price targets may not be feasible at this time, as the stock is currently in a price discovery phase.
NSE:BAJFINANCELong
by Kartik_Elkunchwar
Bajaj Finance Breaks Out of Multi-Year Channel!Bajaj Finance (BAJFINANCE) has finally broken out of a long-term consolidation channel on the upper side, signaling a potential bullish breakout. This breakout comes after more than three years of price action within a well-defined range. 🔎 Key Observations: ✅ Breakout Above Resistance: Price has decisively moved above the upper boundary of the channel. ✅ Strong Momentum: The breakout is supported by increasing volume, indicating strong buying interest. ✅ MACD Strength: The MACD indicator shows a strong bullish crossover, further supporting upward momentum. 🎯 Possible Targets: Immediate resistance at ₹8,500+ Potential upside towards ₹9,000 – ₹9,500 in the coming months if momentum sustains. ⚠️ Risk Management: Watch for retest of breakout level (~₹7,900 – ₹8,000) before entering. Support levels around ₹7,500 – ₹7,200 in case of a pullback. 📊 Conclusion: The breakout from this long consolidation range suggests a fresh uptrend may be in play. Traders and investors should closely monitor price action for confirmation and volume follow-through. 🚀 🔔 What’s your take on Bajaj Finance’s breakout? Share your thoughts below! 👇
NSE:BAJFINANCELong
by shekharvsingh1