BAJFINANCE trade ideas
BAJAJ FINANCE 4HRBullish BAT Type2
Earlier when price entered into this Bat got good reaction , now price again is in zone
Bottom Reversal with Sign of Strength
Second bar close is lower than the first bar high then the lower volume on second bar is an advantage which will be tested in the body of first bar. So now price is now going to be Tested in the Ultra high volume bar then we need to get NO SUPPLY then only
With RSI Above 30
POTENTIAL BUY
Following short term support of 100ema Start accumulate around 4300 - short 100ema and previous high support. I would be adding more if comes around 200ema (highly improbable)
0002 Bajaj FinanceClassical Chart Pattern: Rectangle
Previous Trend: Bullish
Remarks:
Above 200 EMA
Breakout above 4280
Target 4690
Bajaj finance BreakoutBajaj finance has given Break out. But wait for the candle to close to confirm . Tgt is mentioned in the chart.
Chart is shared for Study purpose.
Bajaj Finance - BUY - Short TermHi
Bajaj Finance seems a good buy above 4145.50,with SL 4080.50, & Targets of 4250/4350/4450.
MACD is turning positive, so the price has room to go up.
RSI is above 50, & is good to go upto 70.
RR is also reasonable around 1:1.5/1:2.
So overall is a good buy.
BajajFinance - Trying to break 3958Support Levels: 3892, 3880
Resistance Levels: 3958, 3984, 3998, 4035
Trendline Support Levels: 3880
Trendline Resistance Levels: 3998-3958
Bajaj Finance Short - Tgt 3750RSI showing bearish divergence
Price at the top of the channel
High Probability of moving down first before going back up again
Tgt 1 - 3850
Tgt 2 - 3750
1056. channel breakout failed to enter into channelagain it will try to enter into the channel on friday
SL compulsory
