BAJAJ_AUTO trade ideas
Bajaj Autoits at a make or break leve,looks good for long above previous day high and short below 3000.
would wait for price action for more confirmation.
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.
