BAJAJ AUTO : CAN EXPECT A GOOD SWING / LONG TRADE.BAJAJ AUTO : it's a good positional trade. we can hold for a long time. as stock is trading on ALL TIME HIGH. Also over all auto sector is giving good break out on a weekly timeframe.
BAJAJ_AUTO trade ideas
BAJAJAUTO MAKE OR BREAK LEVEL👉Make or Break level
👉Price near the resistance Zone 4255--4360
👉If price respects resistance than good fall possible
👉If breaks resistance good move towards upside possible
👉Keep it on radar 👍
Bajaj Auto - at congruence of multiple supports.Stock has reached multiple support parameters
Good risk reward on longs here. SL on hourly close below 3600
BAJAJ_AUTO - Weekly AnalysisIn the Weekly Chart of BAJAJ_AUTO ,
we can see that, it a given a Breakout.
Let it retest and Then enter with SL.
Go Long for BAJAJ_AUTO.
BAJAJ AUTOBAJAJ AUTO
- ⚡️Head & Shoulder Breakout.
- ⚡️Stop Loss Below Breakout Candle.
- ⚡️Risk Reward 1 : 2
BAJAJ AUTO - Bullish Consolidation Breakout with VolumesNSE: BAJAJ AUTO is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Bajaj Auto Ltd like give you ride for 4000Rs.NSE:BAJAJ_AUTO
on daily SMA looks good for 1st 3900 and 2nd 4000 range
BAJAJAUTO bullish move possible..
BAJAJAUTO bullish move continuation possible..
Multiple Confluence Points:
1. Demand Zone Reversal
2. Channel Continuation
3. Double Bottom Breakout & Retest Done
4. Break of Market Structure (Trend Changed)
Bullish on BAJAJAUTOHigher high formed on the day chart. Broke two day high and day high. Stop loss 3697
Bajaj Auto Focus on Bajaj Auto.
1st Target ₹3998
2nd Target ₹4123
Note : This is just for Backtesting and Educational Purpose Only.
Trendline Breakdown in Bajaj Auto Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target Achieved in Bajaj Auto.I Clearly mentioned that to short Bajaj-Auto for the Target of 3850.
Target has been achieved.
Enjoy your day traders.
Short Bajaj-Auto.If Bajaj Auto open below 3900, Look for a price action to Short.
Short Bajaj Auto near 3900.
Target 3850
SL 3905.
BAJAAUTOBajajauto broke out of descending triangle pattern on daily charts with good volumes & with very good risk:reward ratio.
Could be bought with mentioned stoploss & targets.
BAJAAUTOBajajauto broke out of descending channel with good volumes on an hourly charts.
Could be bought with mentioned stoploss & target
BAJAJ-AUTO - Supply emerged at 4100 in Sep'22This was after being range bound in 3000-4000 for 2 years
Plan ahead => could consider to Buy above 4000
- and/ or Rejections near 3000
PB 4x
PE 18x
ROCE 23
DivYld 4%
Bajaj_Auto looks bearishOne can clearly identify a bearish flag pattern which is broken downside of the trend line.
Bajaj Auto Day ChartHey traders as of analysis
Strong Resistance 3810 zone (fibbo 0.5 level Resistance)
Strong support 3470 zone
long above 3830
bajaj auto ready for short sellI feel that it's a Fibonacci retracement from 50% level.
There is a negative diversion in daily.
There is a major support/resistance level too.
RSI is in overbought zone
BRITANNIA sell for intraday tradingBRITANNIA sell for intraday trading if stock break the given support level............
