BAJAJ AUTO - Elliott wave analysis - reversal Bajajauto is about to finish the 5th wave up of impulse cycle, so wait for reversal to sell. Wait for divergence in 15 min time frame to confirm the reversal.
BAJAJ_AUTO trade ideas
BUY BAJAJAUTO ABOVE 3385 tgt 3468 & more sl 3250as the weekly/ daily charts suggest a good movement is expected in bajaj auto . first and foremost rule in any investment is of knowing previously how much you are going to loose if the bet goes wrong .
range breakout with volume_bullishif you notice in last upside move, bears were weak with narrow spread. and bulls were strong then bears (notice volume) when such kind of move happen near resistance ( you can always look for intraday trade also which gives you big gain in day trade) always breaks with wide spread. today close above mentioned resistance with vol then can be taken postional.
Go short if open flat or almost flat and cross level Go short if open flat or almost flat and cross level
Bajaj Auto - Intraday Trade SetupBajaj Auto CMP - 3289
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 3275 / Stop Loss 3292
Target 1 - 3265
Target 2 - 3255
Target 3 - 3245
Disclaimer: This is my view and for educational purpose only.
BAJAJ AUTO - LONG BREAKOUTHi Friends,
Check NSE: BAJAJ AUTO after longtime Breakup from the trendline.
BAJAJ AUTOI'm not an expert I'm just sharing my views on BAJAJ AUTO for next trading day
I'm not responsible for any profit or loss this is not a recommendation
BAJAJ AUTOI'm not an expert I'm just sharing my views on BAJAJ AUTO for next trading day
I'm not responsible for any profit or loss this is not a recommendation
Bajaj Auto on the Verge of BreakoutBajaj Auto on the verge of breakout,
Above 3160, it can touch 3250--3300 and then to 3400++ in days to come.
Stop loss below 3040.00
BAJAJ-AUTO - Darvas Box - Swing Tradehis analysis is purely based on price action and chart pattern.
Through this analysis, a special strategy of how to trade DARVAS BOX is explained.
For similar case of Darvas Box and more understanding, refer to WIPRO chart - link shared below
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Trade Strategy along with logic is explained in image itself.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any query and suggestion.
BAJAJ AUTOIm not an expert im just sharing my views on BAJAJ AUTO for tomorrow
Im not responsible for any profit or loss this is not a recommendation
Bajaj Auto - Critical Decision Level @3100Bajaj Auto has been following a clear trend line with topside resistance. A parallel trend line with bottom matching makes it a 339 point channel.
Ignoring the covid impact from April to July the stock has been properly following the channel and gives a great call / put buying opportunity with minimal time decay to premium as it arises just a week before expiry at closing price in the range of 3100.
If the closing is above 3100 call for 3200 can give excellent return considering just 7 days to expiry and because it's a long trend channel break out the upside move shall be fast so results in prices can be seen before November expiry.
If it retractes from 3100 then puts shall be available much cheaper rate due to last 3-4 days upwsing and hence put of 3000 can show immediate result before November series expiry.
Bajaj Auto shows bullish signalPlease do your analysis as required or contact your financial advisor. Below is the trade setup.
Entry: 2977
SL: 2928
Exit: 3031
Kind Note: Please also consider the impact of the outcome of the US elections, which has not been considered by me.
