Short BAJFINANCEIdeally higher timeframe is bullish, one should not short any stocks. But shirt term trend is bearish. Buyers will come on support level
BAJFINANCE trade ideas
Bajaj Finance @ 24th Nov 2021It seems to take support right now but as per CRAB pattern it should go to .886 level which comes to 6200+ approx..
BAJFINANCE - mean reversionFound support at 50 ema.
The trend should be bullish from here.
maintain a sl as 50 ema.
Bajaj Finance
Trading at 7484.30 INR ----- The price is moving with un normal bull i can see very bullish for this share good to go long with target of 9000 INR and Above !
Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian non-banking financial company (NBFC). The company deals in consumer finance, SME (small and medium-sized enterprises) and commercial lending, and wealth management.
Bajaj Finance LTD Bajaj Finance LTD
Looking a bit Weak
Target of 7467
Dont be in a Hurry to buy as weekly Charts is looking Weak - so the above target would be met :)
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BAJAJFINANCE BTST IDEASHOWING reverse head and shoulder pattern after the breakdown you can take the trade with a small stop loss
1:6 target
BAJAJ FINANCEThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Bajaj Finance ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Limited Upside NSE:BAJFINANCE Rising Wedge getting formed in daily time frame and minor bearing divergence also seen. This might limit the upward movement , once the trend is broken, can get into zone of 7300-7400.
Ascending triangle BAJFINANCE making Ascending triangle with bullish engulfing also quarterly results with good growth further will continue so I'm pick BAJFINANCE for next 2 month
Bajaj Finance - Not perfect but looks like inverted h&s.Bajaj Finance posted good numbers but chart looks bearish. Act accordingly just a view.
BAJFINANCE - simple observation Look at how the stock reacts, whenever, it comes near the central band.
We have an extended tail at the bottom, indicating that all the supply has been absorbed at the central band.
Uptrend should follow from here.
BAJAJ FINANCE DAY TIME FRAME ANALYSISDouble top structure with bearish rsi divergence. The view will negate if 8000-8010 crossed.
White arrows show that stock is making higher highs but the rsi indicator is making lower highs, hence the rsi divergence.
One more red candle on day time frame (breaking the trend line), one can go short with 8000-8010 as stop-loss or can sell call options above 8000 and hedge with an OTM call.
TARGET 1: 7650-7700 Range
TARGET 2: 7500-7550 Range
Disclaimer: consult your financial advisor before taking any trades or positions
Thank you!
After making long pole and flag Bajaj finance is ready to break Bajaj finance is now ready to make reversal movment with strong volume targets are mentioned in horizontal lines.
Bajaj financeExpecting big upside move above 7780 .... Risky one enter at current level.... 8000+ target expected as per harmonic level and stock trend and fundamentals
BAJFINANCE SHORT The indicators used to analyze this chart suggests that BAJFINANCE will probably reverse after a strong movement where the stock was overbought. As we can see, MACD line has just passed the signal line, indicating the presence of a bullish momentum. DMI indicator shows us that the uptrend is not strong anymore because +DM and -DM are closer than before now. And this indicate us that the uptrend is losing strength. RSI indicates that BAJAFINANCE may lose bullish momentum. Now we should wait for the price to break the support and retest it as a resistance.
Therefore rejection at the resistance will be our entry price.
P.S No financial advice
