BAJFINANCE trade ideas
BAJAJ FINANCE TRADE UPDATENSE:BAJFINANCE is consolidating in a rising wedge pattern after giving a breakout from flag pattern.
Price may potentially breakdown from this pattern and retrace as it has already given excellent momentum in the last week.
Be sure to add quantity after the momentum of breakdown fades away.
On the contrary, price can take big support from the bottom and breakout from this pattern - another opportunity to add more.
Regardless of your holding in this stock, you can short the futures market if a breakdown follows and then add more quantity in cash market.
Position size accordingly. HAPPY TRADING!
Bajaj finance giving a breakoutBajaj finance is giving a breakout from a parallel channel.
Resisitance is near 8000. If sustains above the resistance, can give another 2-3%.
BAJAJ FINANCE LTD#BAJAJ FINANCE LTD Hello trader, I hope are good and safe. Today I opened the chart of #BAJAJFINANCE for 15 Min and analyzed it then I see that this chart has made a BEARISH PENNANT, So I hope #BAJAJ FINANCE will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
Bajaj Finance, Complex Corrective Structure( Zigzag Pattern)Bajaj Finance:-The Best Example of the understanding complex corrective structure of the Zigzag pattern which appears in Elliott 4th corrective wave (Elliott Triple Combo wave WXYXZ).
Bajaj fin - Good levels to try shortsNarrow SL of around 1%. Shorts can be tried here
SL of 7450 on closing basis with some margin
Bajaj Finance Breakout - RetestThe stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the upper trendline. The target is placed near swing high.
Short BAJFINANCEIdeally higher timeframe is bullish, one should not short any stocks. But shirt term trend is bearish. Buyers will come on support level
Bajaj Finance @ 24th Nov 2021It seems to take support right now but as per CRAB pattern it should go to .886 level which comes to 6200+ approx..
BAJFINANCE - mean reversionFound support at 50 ema.
The trend should be bullish from here.
maintain a sl as 50 ema.
Bajaj Finance
Trading at 7484.30 INR ----- The price is moving with un normal bull i can see very bullish for this share good to go long with target of 9000 INR and Above !
Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian non-banking financial company (NBFC). The company deals in consumer finance, SME (small and medium-sized enterprises) and commercial lending, and wealth management.
Bajaj Finance LTD Bajaj Finance LTD
Looking a bit Weak
Target of 7467
Dont be in a Hurry to buy as weekly Charts is looking Weak - so the above target would be met :)
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BAJAJFINANCE BTST IDEASHOWING reverse head and shoulder pattern after the breakdown you can take the trade with a small stop loss
1:6 target
BAJAJ FINANCEThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Bajaj Finance ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Limited Upside NSE:BAJFINANCE Rising Wedge getting formed in daily time frame and minor bearing divergence also seen. This might limit the upward movement , once the trend is broken, can get into zone of 7300-7400.
Ascending triangle BAJFINANCE making Ascending triangle with bullish engulfing also quarterly results with good growth further will continue so I'm pick BAJFINANCE for next 2 month
Bajaj Finance - Not perfect but looks like inverted h&s.Bajaj Finance posted good numbers but chart looks bearish. Act accordingly just a view.
BAJFINANCE - simple observation Look at how the stock reacts, whenever, it comes near the central band.
We have an extended tail at the bottom, indicating that all the supply has been absorbed at the central band.
Uptrend should follow from here.
