BAJFINANCE 7500CE, 8000CEIf you look at the chart, BAJFINANCE had just took SUPPPORT from the blue color TRENDLINE. From here it can consolidate here for next 2-3 trading session and then it can goes up. If we look at the MARCH STRIKE PRICE of 7500CE which is 7% up form current trading price it is trading at 144, so total invest of 18000 is needed for 1 lot. If we can get it at below 15000 after 2-3 trading session then we can add that. Can give more than 100% return.
NOTE- If the spot chart breaks the blue TRENDLINE in next 2-3 trading session then avoid entry.
STOPLOSS- After ENTRY if the spot chart breaks the blue TRENDLINE then exit the 7500CE.
THIS IS JUST FOR EDUCATIONAL PURPOSE,DO CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING ANY POSTIONS.
WILL KEEP UPDATING...
BAJFINANCE trade ideas
BAJFINANCE Trade OpportunityThe blue color TRENDLINE that I have drawn in the chart is drawn from June 2020. As of February 18 it has been trading at a price of 7030. If you look at the chart the stock had just took SUPPORT from the blue TRENDLINE. If it consolidate there for next few days and then if it gives breakout then there is a high probability that it will go up from there. Below shown the IMPORTANT levels.
ENTRY- 6800-7150
1st TARGET- 7750
2nd TARGET- 8500
STOPLOSS- 6600
THIS IS JUST FOR EDUCATIONAL PURPOSE, DO CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING
If you interested in OPTION trading check out my other post.
WILL KEEP UPDATING...
BAJAJ FINANCE TRADE UPDATENSE:BAJFINANCE is consolidating in a rising wedge pattern after giving a breakout from flag pattern.
Price may potentially breakdown from this pattern and retrace as it has already given excellent momentum in the last week.
Be sure to add quantity after the momentum of breakdown fades away.
On the contrary, price can take big support from the bottom and breakout from this pattern - another opportunity to add more.
Regardless of your holding in this stock, you can short the futures market if a breakdown follows and then add more quantity in cash market.
Position size accordingly. HAPPY TRADING!
BAJAJ FINANCE LTD#BAJAJ FINANCE LTD Hello trader, I hope are good and safe. Today I opened the chart of #BAJAJFINANCE for 15 Min and analyzed it then I see that this chart has made a BEARISH PENNANT, So I hope #BAJAJ FINANCE will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
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.