BAJAJ AUTO | Use the Buy Opportunity.When it comes to the technical analysis of BAJAJ AUTO LTD, you might get an impulse to the downside. Based on my technical analysis, it is still in uptrend. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just below the entry area.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Bajajauto
BAJAJ AUTO SHORTBajaj Auto competed head and shoulder pattern.
As the market in downtrend, good to short this stock for a target of minimum 200 points.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BAJAJ AUTO LONGDouble bottom formation breakout and re-test done. Good to go long in this with very low SL and high target.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BAJAJ AUTOBajaj auto forming a double bottom and ready to breakout above the trendline as well.
Good to go in this stock for target of previous high (4300 levels).
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BAJAJ-AUTO. what you can spot??????bajaj auto in daily time frame after a long term down trend it has created a vedge pattern which is supposed to be broken in downside but here however if it has potential to go higher then it may give some short of conformation on the support level like i have shown in picture it might or might not create a double bootom or give us a some short of doji or engulfing at nearest support as shown in picture.what u think guys please let me know in the comment section.again please take this as a knowledge purpose please do your own analysis before taking trade , i hope it will help.thanks :).
Swing trading opportunities ahead of the BudgetThe markets witnessed a correction ahead of the budget and RIL's Q3 earnings release. Here are some stocks and sectors that are there on our radar. Many of these opportunities in our watchlist depend on how the market action progresses over the coming week. What's your watchlist looking like? The complete list:
Monthly chart, sectors:
Auto.
Bank Nifty
Media
PSE
PSU Bank
Weekly chart, sectors:
Nifty
Auto
FMCG
Infra
IT.
Media
Weekly chart, stocks:
Bajaj Auto.
Britannia
HDFC Bank
Hero Motors
Infosys.
Maruti
Godrej CP.
IRCTC
Nazara
Nucleus
Sharda Crop
Compiled with @AVENUESOFINVESTMENT
BUY BAJAJ-AUTO AROUND 3810 TGT 4300/4700 SL BELOW 3699 The only hurdle is 3950 which is 20 week MA. Any break out above that can give atleast 10-12 % return in short term and can stretch much higher if the nifty auto is in support. It is a good trade with almost 3 % of SL as seen on price action on closing basis
Bajaj Auto at SupportBajaj Auto, the trend is good on the monthly timeframe and its weekly price action is suggesting that it trying to form a short-term bottom.
And there is a support zone 3790-3743 that confirms the said price action, now if this support zone holds price might move towards the upper range.