Bajaj Finance - Bullish BAT formation ready for 8200Bajaj Finance - Bullish BAT formation is confirmed.
It has crossed 20 EMA & also completed Target1 range to reach 7600.
Now net it will move to 7800 & then 8200.
BAJFINANCEZ2024 trade ideas
Buy Bajaj finance future Buy Bajaj finance future @mondaybopening price with sl of 1% and target of 1.2% ,do follow
ALERT on BajfinanceIt has broken significant levels.. it may touch 6700 levels in this expiry. trade cautiously.. strategy is SELL ON RAISE. Target and SL is as per pivot points given.
Bajaj FinanceThe stock is forming higher lows, thus there's an opportunity for buying on lows. A good buy around 5907.45 with half quantities and adding more half quantities after the breakout of 5989.95 level with a good risk reward strategy for targets 6138.10 and 6312.50.
Trade wisely at your own risk appetite,
Good luck, Jai Hind.
BajajFinance Bajaj Finance gives breakdown of previous level but not sustain below that and gives V shape recovery
Now there are two things -
1. This V shape recovery is a Stoploss Hunt for seller which is negative for stock
2. This is a Breakdown Failure which is positive for stock
we consider that this is breakdown failure not stoploss hunt because of RSI gives breakout and close above 50
if stock retrace to breakdown level and creates a bullish candle stick pattern we saw 6100 level in few days.
Second thing is trendline from top and stock taking rejection after breakout of trendline confirmation is 80% until confirmation is only 50%
BAJAJFIN SL longIt was long based on 60 min a higher time frame,but type 2 zone in hourly
Daily demand was below and this was half till the daily demand, should have been avoided this demand zone
15 min demand was there but type 2 only.
The zone would have worked if the whole market was not coming down. Since the whole market was coming down, this execution zone was not at all respected, But it has taken a just above the daily demand zone and bearishness is slowing down, let's see how it reacts tomorrow, so far -11k loss.
Bajaj fin great zone with explosive redBajaj fin great zone with explosive red
sl=54*125=6750
111*125=13875
Short Sell Setup in BajfinanceAfter consolidation, a strong support level has been broken as shown on the chart. ADX indicates bearish momentum gaining strength. Will go short below last candle low of 6770
Entry - 6770
SL - 6980
Target - 6540/6415
Bajaj finance future chart and analysis.bajajfinancefuture
Closing above 5985
than
@6092 & 6200& more.
Upto this expiry (July.)
If breaks 5856 on closing
Than s.loss area
5776/5796
Chart For study &
Trade must be advised by fin.consultant.
#BAJFINANCE possible to buy#BAJFINANCE trading 7395 formed bullish pattern,
today trading our retracement level,
we can buy above 7420 and tgt for 7500,
follow SL 7350
#BAJAJFINANCE possible to buy#BAJAJFINANCE trading 7004 formed bullish pattern,
yesterday trading our retracement level,
we can buy@7000 and tgt for 7115,
positional tgt 7242 and
follow SL 6875 closing basis
Bajaj Finance, Extremely bullish, Closing at 50 SMACLosing at 50 SMA post robust results, stock bounces back immediately after touching 50 SMA.Horizontal support placed around 2% below the entry price
With a Stop loss of 7400, can take targets of 7800
BAJFINANCE BUY The stock is getting ready for a fresh breakout . Last two days price action has been positive and volumes are seems to expending accordingly other parameters like MACD and RSI are also looking good going ahead ago going ahead. A good move may be seen in this small resistance lies at 5750 above is the clear sky. 5200 seems to be a good support level. So one can initiate buy on this Bajaj finance with a very deep stoploss of 5200 and this is for the long term period. Holding stock from Blazzing Bulls.
Thank you
Bajaj Finance FutureResistance at 3590, One can expect correction from there
One should avoid fresh longs
