BAJAJ ELECT.LTDLong
Intraday Buy Call – Bajaj Electricals Ltd (NSE)
### **📈 Intraday Buy Call – Bajaj Electricals Ltd (NSE) 🔥**
### **🕵️ Candlestick Pattern Analysis:**
✅ **Strong Bullish Reversal Candlestick** near key support **650.55**
✅ **Long wick rejection** suggests buying pressure at support
✅ **Breakout from downtrend possible** if price crosses above the 50-day moving average
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### **🎯 Intraday Trade Plan – Buy Setup**
🔹 **Buy Above:** **675** (Confirmation of strength)
🔹 **First Target:** **700**
🔹 **Second Target:** **725**
🔹 **Stop-Loss:** **650** (Below support)
📌 **Risk-Reward Ratio:** Favorable **1:2** for a safe trade
📌 **Confirmation Tip:** Watch for volume spike & sustained move above **675**
### **🕵️ Candlestick Pattern Analysis:**
✅ **Strong Bullish Reversal Candlestick** near key support **650.55**
✅ **Long wick rejection** suggests buying pressure at support
✅ **Breakout from downtrend possible** if price crosses above the 50-day moving average
---
### **🎯 Intraday Trade Plan – Buy Setup**
🔹 **Buy Above:** **675** (Confirmation of strength)
🔹 **First Target:** **700**
🔹 **Second Target:** **725**
🔹 **Stop-Loss:** **650** (Below support)
📌 **Risk-Reward Ratio:** Favorable **1:2** for a safe trade
📌 **Confirmation Tip:** Watch for volume spike & sustained move above **675**
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.