Bajfinance about to break resistance of 3500 in weekly chart Bajfinance looks to be on roll for sometime and with BNF and finance stocks gaining momentum, above 3500 close can take this back to its magical 4k !!
BAJFINANCE trade ideas
Bajaj Finance following trend exactlyGood to See Bajaj Finance following the exact trajectory as predicted on 25th July. Around 3430 sell off should start
BAJAJFINANCE keep on re testing 3500BAJAJFINANCE has been consolidating between 21 EMA and 200 DMA and it has crossed 200DMA on daily closing basis. if it crosses above 3500 it can easly rally upto 4000. Then we can look at further price action in this.
Bajaj Finance weekly chart Bajaj Finance bullish setup, candle crossed tenken and approaching Kijun.
Bajaj Finance Harmo ABCD with Fibo for Elliot wave movementswill go CMP-3419 to 3711 within coming 3 days
Support and resistance define
BAJAJ FINANCE LTD: 18 AUG 20BAJAJ FINANCE LTD: 18 AUG 20:
IF OPEN ABOVE 3400 THEN IT MIGHT REACH 3436.
IF OPEN BELOW 3380 THEN IT MIGHT REACH 3344.
BAJAJFINANCE: 17 AUG 20: EXPECT TO DOWN UPTO 3200 IN THIS WEEKBAJAJFINANCE: 17 AUG 20:
EXPECT TO DOWN UPTO 3200 IN THIS WEEK
Technical analysis and trendline and chartpattern analysis......Bajaj finance make a ascending chart pattern.
best opportunity for long position.....
BAJAJ FINANCE MAKING IT'S WAY UPPLEASE SEE CHART FOR DETAILS
BUY IF SUSTAIN ABOVE : 3320
TARGET 1 : 3500
TARGET 2 : 3700
STOP LOSS : 3090
**These are my personal observations. Please trade at your own risk.**
Bajaj Finance on the verge of breakoutBajaj Finance on the verge of breakout once 3520 will crossed then 3875
Can add till 3100 with SL of 3075
View medium term.
*Disclaimer: I am not a SEBI registered person, all the views are for study purpose.
Bajaj Finance - Buyers taking charge MARKET COMMENTARY : Bajaj finance is clearly forming a rounding bottom formation on the daily candles, sustaining above 3400 level will take it further high up to 3800 level, the previous day closing & with the volumes coming in continuously at this level from past week is suggesting the buyers are taking charge with strong momentum.
APPROACH : Buy and trail in profit before any news comes in to impact either way, Maintain proper risk reward to sustain any sudden news.
Traders if you like this idea or have an opinion regarding this analysis, write in the comment section.
DISCLAIMER : We at intelligence7 stock market institute is proving you the research study based on the current market scenario and the levels based on technical analysis, this should be considered as a case study for learning purpose and not as an advise to take a trade decision, before taking any investment or trading decision kindly contact your financial advisor.
IF THIS CROSSES ABOVE 3517, THEN A GOOD UPTRENDIF THIS CROSSES ABOVE 3517, THEN EXPECT A GOOD UPTREND, BUT NOTE THAT AFTER AUGUST THERE ARE MANY HURDLES FOR BANKING SECTOR
Bajaj Finance - Bullish SetupBajaj Finance- Buy around 3128 for the final target of 3800
Profits can be booked around the top horizontal lines
