BAJFINANCE trade ideas
BAJAJ FINANCE LOOK OUT FOR THESE LEVELS!!!
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
In 2 hours time frame, it is near by its 20 day ema and also taking support from 100 ema.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts - NOT ACTIVE IN THIS CHART.
2) TE-REKAB - PROPRIETARY INDICATOR
- PB : PULLBACK
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
BAJAJFINANCE CHART30 Minute Chart - HOW TO TAKE TRADE AT 24/12/2BAJAJFINANCE CHART30 Minute Chart - HOW TO TAKE TRADE AT 24/12/2020 ?
BAJAJFINANCE CHART30 Minute Chart
What You See In This Chart?
How to take Trade?
Which Type Take Entry (Long / Short)?
Which Price For StopLoss?
Which Price For Target?
Please Comment What You Think About BAJAJFINANCE Trade!!!!!
Disclaimer :- This Chart For Only Educational Purpose, We Can't Give Any Buy Sell Tips or Call,
Learn first before take any trade....
Bajfinance_educational viewCan it reach 5150 + (before 18/12/2020) ?
If it breaches, 4830-4845 in two T sessions comfortably, then Target of 5150 is possible.
For this journey (09-12-2020 to 18-12-2020):
4960 act as Immediate strong resistance1
4830-4880 as Immediate support1
4770 as IS2
Strong support S3 as 4650
Only an educational view...let's see, whether BAJFIN follows the pattern or not.
#BAJFINANCE is likely to remain range-bound in DEC-2020 Series#BAJFINANCE is likely to remain range-bound in the DEC-2020 Series. We are deploying 4 legs IRON Condor to collect the premium
Position Details
1. #Sell #BAJFINANCE 31 DEC 2020 5200 CE - 100
2. #Buy #BAJFINANCE 31 DEC 2020 5500 CE - 50
3. #Sell #BAJFINANCE 31 DEC 2020 4500 PE - 103
4. #Buy #BAJFINANCE 31 DEC 2020 4200 PE - 45
Exit trade if the Stock Price Breaks 4400 on the lower side or 5300 on the Higher side!!
Max Profit - ~28000/-
Bajaj Finance - Trying to take supportBajaj Finance is consolidating for while now.
It has come to its short term support on 10th December and in last session of the day, it has started upmove.
I think if global sentiments are positve, that will reflect nifty and Bajaj Finance will grab this opportunity to make solid upmove.