BAJAJ_AUTO trade ideas
Bajaj Auto Long Above 2712 , 1 D Analysis .Pullback Trade .
Retrace 0.618 (From Last Swing Low To Swing High)
Twizzer Bottom Pattern with High Volume .
Long Above :- 2712
SL :- 2608
Target :- 2895-2920
IF BREAKOUT HAPPENS ABOVE CLOSE AT RESPECTIVE TARGETSIF BREAKOUT HAPPENS ABOVE CLOSE AT RESPECTIVE TARGETS,FOR DOWNSIDE I DIDN'T ANALYSE.
I AM NOT TAKING THIS TRADE ITS RISKY .HIT OR MISSI AM NOT TAKING THIS TRADE ITS RISKY .HIT OR MISS.FOR STUDY PURPOSE
Stock Might Bearish below 2700Hey hello brother my self Ravindra,
You will find me on my bio
Stock might bearish below 2700 for toward 2650-2600-2550-2500, SL 2760
After Breakout The price was retest their lower Value Which is consider as price is shifting to new Control price.
Thanks
Bajaj auto good shorting candidateElliot wave,, rising wedge,, rsi negative divergence,, bearish marubozu candle formation
all suggest bearish view on counter ,,
view gets negated above 2850 levels
down side 2650-2580-2520 possible
wait for the breakout.price tried breakdown, but it came back in pattern again. we will wait for the right time.
Bajaj Auto Support Zone 2290-2295Traders can look to buy in range 2290-2295 for a price target 2507.
Bajaj Auto Ltd (Bajajauto - NSE) - ABC wave patternBajaj Auto Ltd (Bajajauto - NSE) is in ABC zigzag wave pattern in 60 min time frame. Price is within B wave corrective as triangle till it holds invalidation level. C wave once will be confirmed when triangle broken out upside. In weekly time frame, it was choppy in up move, but in down cycle it was ABC flat correction, which was over and now started new up cycle as ABC.
bajaj auto shortbajaj auto is looking weak in is 4 hour time frame clearly it is making rising veg channel which always breakdown.
BAJAJ-AUTO: Observing Bearishness- May Fall SoonBAJAJ-AUTO: Observing Bearishness- May Fall Soon if it cannot close and sustain above the 2570 Line.
Can enter short with an SL of above 2605 and TGT of 2500.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Note: All the values given are in BAJAJ-AUTO spot price chart. And also please note this is Positional analysis (for a 2-3 days period) and is NOT for intraday
This was also published in regional website, but sometimes may or may not appear here, so publishing my views in here also
BAJAJ AUTO - 21st May 2020As results announced and results is very good at this conditions.
One more stock to see interesting rally and see 100 Price Change Rally and its looks Bullish.
It is crossed all EMA and good time for long position or intra day too.
Lets see tomorrow Morning.
BAJAJ-AUTO: Observing Bearishness- May Fall SoonBAJAJ-AUTO: Observing Bearishness- May Fall Soon if it cannot close and sustain above the 2570 Line.
Can enter short with an SL of above 2605 and TGT of 2500.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Note: All the values given are in BAJAJ-AUTO spot price chart. And also please note this is Positional analysis (for a 2-3 days period) and is NOT for intraday
