BAJFINANCE trade ideas
Bajaj finance buying opportunity Bajaj finance buying opportunity after trendline breakout , it's move upto 6200 ,6300 level..
Mega breakout/breakdown in bajajfinanceOn daily time frame of BAJAJFINANCE which is following a channel it tries to break this channel it will give mega break out but if it fails to break then lower low formation will continue to break down on lower side
Bajaj Finance: Pull Back started?Folks,
A pullback seems to have kicked in for Bajaj Finance.
Buy between 5650 and 5700 for a target of 5850 to 5900.
Stop Loss of 5650.
Keep this trade for only few days.
BAJAJ FINANCE 15M (27 MARCH 2023)NSE:BAJFINANCE
Formation of inverse cup & handle pattern in
bajaj finance.can short below 5481 after retracement.
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
DISCLAIMER- We are not a SEBI registered advisor.this is only for educational purpose. before taking trade take advice from your financial advisor.We will not be responsible for your profit and loss.
Lovely Follower OF TAhi dear @Charan08
Sorry It was Harsh Description for you So I Deleted that but this all I can see in this Chart,
Pure Downtrend For me , NO change As of now.
ALL THE VERY BEST.
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BAJAJ FINANCE Cup and handle pattern Bajaj finance
Cup and handle pattern
SL is on 5820
Entry is at 5690
Target is at 5260
technical analysis and is for educational purposes.
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Disclaimer
I am not sebi registered analyst My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
BAJAJ FINANCE LTD.THE IDEA WILL BE ONLY FOR STUDY PURPOSE .
wait for the breakout till then keep your eye on the stock .
Bearish on BAJAJFINANCEThere is a double top pattern formed on the day chart. There is also a resistance candle followed by a confirmation candle on the same chart. On the 15 mins chart, it broke two day low. SL can be placed at 6408. This is a swing trading idea
bajaj finnace preemting reversalbajaj finance is in a downtrend from longtime
but the first time it has crossed a lower high and didn't make the lower bottom
it has bounced from the trendline...trendline is less reliable but I would take sl as closing below it on a daily basis
target 6497 and 6695
risk 7% reward 10%
not favorable from risk reward point of view but sometimes as trader we take these risk
keep position sizing in check
buy right sit tight
wealth generation means longterm
Bajaj Finance Falling back in channel
Bajaj Finance came out of the trading range of last few months, now looks like coming back to the channel range. If it closed in red today, then it can be a good candidate for shorting.
BAJAJ FINANCE END OF BEARISH SEQUENCEThis was the analysis of Bajaj Finance Ltd.
As per elliott wave we will resume to the
Major trend which is bullish in BajFinanace.
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All levels have been marked on the chart.
This analysis is for educational purpose only.
Short Covering in Bajfinance.Bajaj finance Support is around 6300.
If Bajaj Finance Open Gap-up Above 6300,
Target 6400.
SL 6280.
bajaj finance buy cmpthis stock break resistance so tgt will be in 3.26 % sl will be 1.56 % will wait and watch
Continuation or reversal on BAJFINANCE ??BAJFINANCE is also stuck in a zone of a strong support and resistance. Even if the trend might turn upwards after breaking the swing high, we should only create long positions when the price retraces towards the breakout point or consolidates ABOVE the swing high.
We can also look for a short trade upon a breakdown from the swing low. The moving average is 50 SMA (Daily TF).
BAJFINANCENSE:BAJFINANCE
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Bajaj Finance Short OpportunityIf price will comes at entry level before reach at target level then go for short up to given target.
Trade at your own risk.
