Short Bajfinance Short Baja Finance on basis of Cypher Pattern Completion.
Stops and Target are mentioned in chart
BAJFINANCE trade ideas
BAJAJ FINANCE POTENTIAL HEAD AND SHOULDERS BUY OPPORTUNITYBAJAJ FINANCE STOCK MAY FORM POTENTIAL HEAD AND SHOULDERS FORMATION ON H-1 CHART. IF OUR PREDICTION IS RIGHT THE CHART HAS FORMED NECK LINE OF THE HEAD AND SHOULDERS PATTERN. AGGRESSIVE TRADERS SHOULD PREDICT AND LOOK FOR ENTER LONG AROUND RIGHT SHOULDER (INR 1865 TO 1845 RANGE). WHERE AS CONSERVATIVE TRADERS SHOULD WAIT FOR CONFIRMATION OF FORMATION TILL IT FORMS RIGHT SHOULDER AND BREAKS THE NECK LINE, THAN THEY HAVE TWO OPTION TO ENTER LONG
1) AGGRESSIVE ENTRY LONG AT BREAK OF THE NECK LINE (INR 1932 TO 1935 RANGE) OR
2) WAIT FOR CHART TO BREAK UP SIDE THE NECK LINE AND ENTER AT RETEST OF THAT NECK LINE (INR 1932 TO 1920 RANGE)
BUY ENTRY: INR 1865 TO 1845 (AGGRESSIVE ENTRY AT RIGHT SHOULDER)
STOP LOSS: INR 1780 (BELOW HEAD)
TARGET-1: INR 1932 (RETEST OF NECK LINE)
TARGET-2: INR 2060 (MEASURED MOVE AS PER HEAD AND SHOULDERS FORMATION)
Bajfinance - Looking for rejection from the topAfter a good rally, Baj Finance goes for correction, watch out.
expiry bet Bajfinance target 2050 plusI think in this counter shorts will be butchered.
Minimum target of 2000 plus
Risky bet. ATB
Bajaj Finance Levels to watchout for - BearishBajaj Finance has been hit the worst in the recent selloff.
Its Trending Downwards with volume increasing every day.
1830 was/is Important weekly support zone but looking at the volume and strength of this trend it seems that the stock will continue down towards 1600.
Next weekly support is 1600. If you are looking for a meaningful bounce on this stock then it should be around 1600.
Daily / 4h RSI has to form bullish divergence for this stock to bounce at 1600.
If 1600 doesn't hold then this stock must test 1300-1200 zone. It would be fast and most likely be capitulation which marks the bottom.
Bajaj finance - wedge patternNSE:BAJFINANCE in detail
As per technically stock might seem bullish, research firms have given the target that it can reach 5800+++,
It might reach but still technically stock is in wedge pattern and travelling in final leg of the pattern (E(c)).
as per this pattern stock might complete by reaching 5200+++ and come down.
Let see what happens in future
Disclaimer - post are only for educational purpose
for further details please reach us through writetomonk@gmail.com or 9884344490
Bajaj Finance vis a vis Bank NiftyBajaj Finance is at crucial juncture...this is relative strength chart of Bajaj Finance vis a vis Bank Nifty...any break in the redline open the fast correction in the stock for atleast 15-20%
Bajajfinance - Long positionWe were able to see a massive drop in Bajaj FInance today, expect a pull back for tomorrow up to 2100 levels. Please watch the targets
Bajaj Finance -
T1 - 2048
T2 - 2100
Please contact me to learn more about day trading stocks - www.tradesignals.io
EMA Discussion Training about EMA for tradesignals.io students.
We can simply see that Bajaj Finance would fall from its current level and hence the short term trend would be downward.
Long @ 2085This is a bit risky call so trade carefully.
TP1-2117, TP2-2125, TP3-2150.
Bajaj finance is also a good share to keep in your portfolio if it again comes down to 1950-2000 levels. If you like the idea then please subscribe and give a thumbs up to motivate me. Thanks.
Bajaj Finance, Go Long!Confluence 1: Falling wedge broken (Indicates trend reversal)
Confluence 2: RSI on the 4H and Daily contradict the price action. (Bullish divergence)
Confluence 3: Pinbar candle on the 4H at the retest location.
T1: 2398 RRR: 1:1
T2: 2534 RRR: 2:1
SL: 1974
Stimulus package a life line for the stockrelative strength compared to nifty is improving since last week
bajaj financeHigh beneficiary of stimulus
technically
Relative Strength compared to nifty has improved in recent week
Bajaj Finance | Calm before the stormThe market is ranging sideways right now, Which is a good thing as the stock is available for cheap right now.
- Look for breakouts with good volume and confirm the trade after a bullish day candle.
-Kautilya.K
BAJAJ FINANCE SHORT BELOW 2000. #ABCD SHORTNSE:BAJFINANCE Bajaj Finance is forming lower highs and lower lows, and its lower breakout will be done soon, better take a positional short is futures June series and 2200 as SL. For target and more details view chart.
Bajaj Finance LTD on the move upFalling wedge broken out along with good volume. Supported by the ADX Indicator. I'm going LONG!
SHORT BAJFINANCE It miserable failed once again to close aboce important resistance level of 2350 which could lead it 2500 .
Short @ CMP 2320
Target : 2250,2150
SL: 2375
Risk/Reward :::: 3
