Bajaj Finance Bearish ( Head and Shoulder)The stock is currently falling in and is expected to complete the wave close to the INR 6848 mark. Upon the completion of the bump-up the fall should again resume and the price should proceed towards the projected target zone. Shortby Aman-thakurPublished 229
Baja finance swing trade Weekly time frame head and shoulder formation. Bajajfinance missed their q3 profit Shortby Tejx5911Published 1
Bajaj Finance - Next move?Bajaj Finance is a company of the prestigious Bajaj group and it currently trading at a PE value of 33.7 which is way below its Median PE of 46.9. It has a good profit growth of 35.8% CAGR over the last 5 years and it has increased its profits by approximately 11 times in the last 7 years. The stock should be held till around next March for good returns. This analysis is just for educational purpose. Please do your own retrospective study before investing.Longby ronak16125Published 5
BAJFINANCE Buy buy between 7300-7500 SL 7100 Target 8400. Ascending triangle formation Longby AKU_SAYPublished 10
Bajaj finance trendingAs per my view n study bajajfinance may go up to 8250 n 9200 Stop-loss is 7200/7000, after hitting high of previous high of 8000 it come down till 7000 mark but not closed below of previous low of 6800 n now trading at 7700 level, follow the levels. My views r only for educational information n knowledge purposes not to trade, make ur own analysis n invest.Longby shambu_sm2005Published 0
Bajaj financeThe company is Expanding its franchise which was announced in Q2FY24. and management said they are looking in the Rural market of India and the company is working at New Whical loans also. and Now the company crosses 3Lack Cr. AUMs and 30% Growth in loans also. and the company is Technically forming cup and handle patterns as I am sharing in the chart also. It's ready to blast for the new highs. So guys we should add the fundamental and India's biggest NBFC company share in our portfolio. Note- It is not any tip or any BUY or sell recommendation. It is my view and study points only. Longby EQUITYBROKERPublished 5
Bajaj Fin 1 Day MBlockTrying M Block on 1 Day TimeFrame This is only for educational PurposeLongby blackewallPublished 1
Bajaj Finance - Management Quality & Economic MoatNSE:BAJFINANCE Bajaj Finance Ltd, one of India's largest and most diversified Non-Banking Financial Companies (NBFCs), has exhibited robust management quality and developed a significant economic moat in the financial services sector. Management Quality: Strategic Growth: Bajaj Finance Ltd has shown a consistent focus on strategic growth and resilience, particularly evident during the COVID-19 pandemic. Despite the disruptions caused by the pandemic, the company maintained a nuanced strategy on acquisition and underwriting across its businesses. This adaptability reflects strong managerial foresight and capability. Financial Performance: In FY2022, Bajaj Finance recorded a 29% growth in assets under management (AUM) and a 59% growth in profit after tax on a consolidated basis. The company managed to achieve this impressive growth despite disruptions in business and elevated credit costs. Capital Adequacy and Risk Management: Bajaj Finance remains well-capitalized with a capital-to-risk weighted asset ratio (CRAR) of 27.22% as of March 31, 2022. This is among the best for large NBFCs in India. The company's robust risk management practices have resulted in a strong portfolio quality, with Gross NPA at 1.60% and Net NPA at 0.68%, among the lowest in the industry. Operational Efficiency: The company's operational efficiency is highlighted by its diverse customer base, digital transformation, and omnichannel strategy. This approach has enhanced customer experience and contributed to business growth. Economic Moat: Market Position and Sectoral Importance: As an NBFC, Bajaj Finance has become an integral part of India's financial sector. Its assets, worth more than ₹54 lakh crore as of March 31, 2021, constitute about 25% of the balance sheet size of the banking sector. Rapid Asset Growth: Over the last five years, NBFCs' assets have grown at a cumulative average growth rate of 17.9%, with Bajaj Finance being a key contributor. Customer Expansion: Bajaj Finance's customer franchise grew significantly, adding 2.21 million new customers in Q4FY22 alone. This growth in customer base is a testament to the company's strong market penetration and customer retention strategies. Diversification and Innovation: The company has diversified its product offerings and continued to innovate, leveraging its understanding of regional dynamics and customer preferences. This diversification has enabled it to tap into various market segments effectively. Strengths and Weaknesses: Strengths: High growth rates anticipated by analysts in the coming years. High profitability due to outperforming net margins. Frequent upward revisions of sales forecasts. Strong analyst recommendations and upwardly revised price targets. Weaknesses: High valuations in earnings multiples. High valuation levels compared to the size of its balance sheet. Limited generosity in shareholder compensation. Conclusion In summary, Bajaj Finance Ltd demonstrates strong management quality characterized by strategic growth initiatives, robust financial performance, and effective risk management. Its economic moat is underpinned by its significant market position, rapid asset growth, customer expansion, and product diversification. The company's strengths in maintaining high profitability and adapting to market changes are counterbalanced by concerns about its high valuation levels and shareholder compensation policies.Longby amitlall_79Updated 2
Bajaj Finance Ltd ₹ 7,259 Nice Breakout :-3Take Fayda of bad news Bajaj Finance Ltd Bajaj Finance is mainly engaged in the business of lending. Amongst Largest NBFCs in India Bajaj Finance (BFL) started its journey in the year 1987 as a vehicle financing company and now is one of the largest and most diversified NBFCs in India. During FY22, AUM increased by 29% to Rs. 197,452 crores. Market Cap ₹ 4,48,431 Cr. Current Price ₹ 7,259 High / Low ₹ 8,192 / 5,486 Stock P/E 38.9 Book Value ₹ 925 Dividend Yield 0.41 % ROCE 12.3 % ROE 22.0 % Face Value ₹ 2.00 Longby MrSardarKhanPublished 0
bajaj finanace clear case ofr head and shoulder pattern on higher time frame Shortby kunal_patil_10Published 0
BAJAJFINANCE @ 7300Hey all !! You guys can add Bajaj finance @ 7300-7350 But keep in view it showed some down movement today , if it continues it will go till around 7000 Short term target ( around 1 week ) - 7550-7600 Mid term target - 7700/7900/8150/++ Trade at your own risk Longby Shubham7009164Updated 7
Bajajfinance Possible for start upside moment2nd time Upside moment in Bajajfinance in current price 7474.20 stoploss 6913 upside target 7813-8020-8300-8713+++Longby lashkarikartikUpdated 2
Baj Finance Bullish, Kindly do your own studyBaj Finance is looking strong on higher time frame. Monthly bullish candle and price is above 5 EMA Monthly MACD is PCO Monthly RSI is above 50 Weekly Price has taken 50 EMA and price is now in upper BB Weekly RSI is above 50 and there is Bullish RD Weekly Stochastic has given PCO from over sold zone and there is Bullish RD Longby VR_SecuritiesPublished 5
Bajaj finance This price is forming into cup and handle pattern Do enter only when it gives the breakout and retest the support Market might also trap by false break out Just watch and let it complete it's pattern.....by adeebahmed1998Published 0
Bajaj Finance CautiousDaily Chart Closing below 200 EMA Resistance 807/2 RSI below 60 D/W/M support comment ?by ManojTembulkarUpdated 4
BAJFINANCE Sell heresuper valid looking. leave a comment if you like my entry setup.Shortby nandupkPublished 1
BAJAJ FINANCEBAJAJ FINANCE Currently in Consolidation Range Good Support @ 6900 CMP 7307 IF DONE Breakout Above 8200 Ready For 10000+ SoonLongby VFS013Published 2
Bajaj finance ready to make new highBajaj finance buy on dips only 7350 strong support zone once it close abv 7440 it will not stop Longby rohitb427Published 2
Bajaj finance! Trying for an upmoveCmp7430 Trying to cross important moving average Fundamentally good co Upmove from bottom Now testing for new highs Need volume to pick up If this ema act as a barrier skip this call Target1 7600 Target 2 7800 Stop 7250Longby CRYSTAL_EQUITYPublished 1
Best support fo moving averagesupport fo moving average support level price 7020 ] Buy price 7280 ; stop loss prece 7140 ; Target 1;7500 Target 2;7800 Target 3;8000Longby kalesujata238Published 3
A bounce in BAJAJ FINANCE and then a 12 percent FALL??Bajaj Finance Ltd. completed a 5 wave up move in Oct. 2023( beginning in March 2023). From the very top of the 5 wave advance the stock seems to have fallen down in a 5 wave. This 5 wave to the downside should be considered as just the wave "A" of the correction that has begun in the stock. Wave B in the stock should now unfold in the stock to the upside(with upside limited to 50%-61.8% of wave 'A'). The 50% retracement of wave 'A' which comes in at 7750 should be considered as a major resistance and a probable area where wave 'B' could stop(61.8% retracement otherwise). Wave 4 low for the stock was at 6800 and that could be the target zone till where the wave 'C' could extend once it begins. Note*- This is not a buy/sell recommendation. This post is for educational purpose only.Shortby neeraj_2_sharmaUpdated 3
Bajajfinance coming down to buyzonePrice coming down to previous buyzone can look for a swing trade if price takes support from fib levels Longby albii_senpaiPublished 6
Possibilities of BAJAJ FINANCENSE:BAJFINANCE Finally Bajaj finance break its multiple times resistance, and go to bullish trend, but before taking any position wait for confirmation candle(04/10/2023 candle) and then retracement of support line.Longby TFKAMDUpdated 4