Bajaj Finance_06.10.2024Bajaj Finance chart clearly indicates big breakout above 8000 levels. Waiting for monthly close above 8000. Target may easily touch to 12K to 13K. Worth having a trade with good RR.by EarnEasyProfitPublished 112
Bajfinance Intraday Levels: 23-Sep-24 Stock taken support from 4570-4500 and move upside & formed triangle wait for breakout of triangle or rejection from support for upside momentum. Else breakout Downside below 4560 drag price for Down Bullish> 4600 Bearish< 4560 Use SL trailing method to secure profitsby ChandraBose2002Published 3
BAJAJ FINANCE S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthoshPublished 2
Bajaj finance Stock - Bajaj finance Setup - tripple top breakout in W time frame with huge volumes Trend - bullish Buy - at current price till support if retest and invest split wise capital Target & sl - +5 % & -3% Note - consult your advisor before investing in stocks which I recommended .Longby nishant26dec2001Published 6
Bajaj Finance Ready for a Breakout!➡️ Resistance at ₹7,460.30 - Awaiting Bullish Breakout ➡️ Next target: ₹7,827.15 on the upside ➡️ Strong price momentum buildingLongby GlobalMarketGuruPublished 2
Bajaj FinanaceImportant points marked. *****Education purpose only***** *****Investing in Equity is subjected to market risk do own research before investing*****Longby sreekumarsPublished 9
BAJAJ FINANCE may break the Range...NSE:BAJFINANCE trade at 7300 level. You can watch for next 8000 and after that breakout watch for 10000 level.Longby thecapitalmarketsPublished 6
BAJAJ FINANCE LTD 1WTRUST ME Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. It also accepts public and corporate deposits and offers variety of financial services products to its customers.Longby Trust_Me_SoldiersPublished 4
BAJAJ FINANCE Bullish PatternBajaj finance weekly Breakout buying level 7440 target as show in chart stoploss follow Longby PJVFINANCIALPublished 4
A Triangle Pattern In BajFinance (Elliott Wave)A Triangle Pattern has appeared in BajFinance (1) It is an Elliott Wave Patter where we Enter on Break Of B-D Trendline (2) Our Stop is Below the E wave (3) Accuracy of this Pattern is High (4) we Might have Low Risk to Reward Ratio Coz it is a Breakout Pattern But Accuracy Compensates For the Same Longby MrCrazy2727Published 335
BAJAJ FINANCE Breakout above 7250Bajaj Finance surges as it breaks out of key resistance, signaling strong upward momentum. Investors watch closely as the financial giant leads the charge in market gains."Longby TheSnopPublished 5
BAJAJFINANCENSE:BAJFINANCE One Can enter now! Or Wait for a retest of the trendline(BO)! Or Wait for a better Risk:Reward Ratio! Note : 1. One should go long with a StopLoss, below the Trendline or the Previous Swing Low. 2. Risk :Reward ratio should be minimum 1:2. 3. Plan your trade as per the Money Mangement and Risk Appetite. Disclamier : You are responsible for your profits and loss. The idea shared here is purely for Educational purpose. Follow back, for more ideas and thier notifications on your email. Support and Like incase the idea works for you. Longby CreativeCreaturePublished 6645
Bajaj Finance - Are you ready??🎯 The chart is self-explanatory as always! But here are some good to know pointers: Symmetric Triangle Contraction Pattern The stock has been range-bound for a while Currently above all SWING EMAs Bajaj Housing Finance IPO may boost Bajaj Finance for shareholder quota Watch the 7500 level —previously a strong supply zone ATH is just 12% away! ⚠️ Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Regardless of the language used, nothing shared here should be considered as advice or a recommendation. Please consult your financial advisors before making any investment decisions. Like everyone else, we too can be wrong at times. ✌🏻by TheCharteredsPublished 15
Bajaj Group Ready for Outperform After Multiyear Consolidations Finally Bajaj group test its 200 Week MA and Ready to Outperform. Longby PrasantaPPublished 4
An ascending triangle for BAJFIN?!?!?! An ascending triangle in play! We got support from the ema's! Long in it!Longby ojha_gauravPublished 6
Bajaj Finance Falling channel break outNSE:BAJFINANCE was on downtrend for the last four months. Which got arrested after pulling back up to Fibonacci level (.786). After consolidating there for some session started up movement and gave a clear break out above falling channel. The breakout is convincing as last 10 days volume is above 50 days average volume and also candles are wide this is a very important concept as per Volume spread analysis (VSA). Price is now reached near .50 retracement level. A clear entry opportunity was missing till now as price not retraced since BO. Hence a good Risk reward is missing. But there is chance for price retesting Fibonacci level .618 which is also a previous BO zone (6200 -6170). Then that level will provide a good support and can make a entry with very small risk, Stops can be considered at the levels of (6150 -6120). The probable targets could be 6800,7100,7000. Whenever price retrace to Fibonacci level pyramiding should be seriously considered. Trade may take 4 to 6 months to meet its objective. Good Luck Longby Vasu_devanUpdated 7
Bajaj finance Looking good for long term Wait for break trend line, entry after break trend line. Chart setup in favour for long position. Macd crossover RSI in postitve zone Disclaimer:- Only for educational purposes. Not recommended for any side of trade. Longby Technicalcharts_1Published 1
#bajajfinance - Bullish Harmonic Pattern noted on daily chartsTechnical #bajajfinance - Bullish Harmonic Pattern noted on daily charts with RSI divergence. Bajajfinance on 4hr time frame RSI breakout is there with positive RSI divergence. If crosses 6700 also then 6900 to go. Fundamental Bajaj finance looks a perfectly safe bet in this kind of market having book value all time low along with PE multiple (except covid). As far as competition is concerned it is well taken care off as per quarterly’s results and cooling off in PB and PE ratiosLongby iamkaarthikPublished 0
Bajaj Finance down fall over ?It looks like down fall is over and its almost on the support may bounce back from the current level. According to Gyan fan targets are huge.Longby hemantdhongePublished 3
Bajaj Finance - Hidden Gem?Bajaj Finance is a company of the prestigious Bajaj group. It is the largest NBFC company of India. It has the lowest NPA among NBFC companies as the largest customer of the company is Bajaj Auto which is another group company of Bajaj Group. The company is continuously increasing its market share and onboarding new customers. The P/E ratio of the company is at 27.33 which is very less than the 20 year median P/E of 45.6. The company is constantly increasing its quarterly and yearly revenue and net profit. The company has significantly decreased its Net NPA from 1.46% in June 2021 to 0.38% in June 2024 which shows the good performance of the company. The ROE is 22.12% which is considered excellent for NBFC segment stocks. Regardless of such extraordinary performance and financials the company is trading at the same levels at which it was trading 3 years ago. It is a golden opportunity to invest in this stock at this point of time for long term as it may go 3-4 times up from this level. I am not a SEBI registered analyst. Please do your own analysis before investing. Do like and follow and share among your friends and family. Thank you.Longby ronak16125Published 6
BAJAJ FINANCE 1WEEKwhat is the name of this pattern...?? Chart patterns, like head and shoulders or triangles, can indicate potential market movements. Recognizing these patterns helps traders make informed decisions and improve their trading strategies. I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit. No Claim, All Rights Reserved.‼️Longby saimandaliPublished 2
Bajaj finance showing signs of inverted H&SNSE:BAJFINANCE could breakout H&S inverted on Daily. Take entry on confirmation ONLY. Good risk:reward ratio if price action follows our technicals 🤞🏻Longby ypahalajaniUpdated 13
Bajaj finance Ltd Closing above previous ma swing Then price tend to go upside.Longby TRADE_BAR98Published 0