Bajaj Financial Service Short Set up Bank Nifty has more downside left and Bajaj Financial Services has been in Free fall and any Pull Back from here is a selling Opportunity . It will in my opinion touch Rs 1000 in coming days .
BAJAJFINSV trade ideas
BAJAJ FINSERV | Bottom is in.This is the cheapest you can get your hands on this stock for.
-Clearly there is a triple bottom formation and institutional buying at these levels
-Volume agrees with it.
- As a trader I would be a huge buyer if the price action breaks above the rectangle.
- If you're a long term hodler this is your time to shine.
Note: Considering Prime Minister Narendra Modi's declaration of an economic stimulus many businesses will see a strong upside. Although I would keep an eye on the current COVID-19 situation.
Happy trading!
-Kautilya.K
BAJAJFINSV ::: SHORTINSTRUMENT: BAJAJFINSV
TIME FRAME: DAY
OTHER TIME FRAMES FOR CONFIRMATION:
1 HOUR, 2 HOUR, 3 HOUR, 4 HOUR & DAY.
INDICATORS AND THEIR TRENDS:
PSAR: Bearish
STOCHASTICS: Bearish
SUGGESTED TREND: Bearish
Technical levels
CMP: 4606
Sell below: 4611
SL: 4631.18
TARGET 01: 4563
TARGET 02: 4541
My analysis of BAJAJFINSV is expected to continue its downtrend for some time now. On day time frame Stochastic & PSAR have confirmed bearish trend. Bearish trend is also confirmed in 1 HOUR, 2 HOUR, 3 HOUR & 4 HOUR time frames as well. If it closes below 4541 on end of day time frames we may also see 4504 to 4461 levels also.
RISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS the views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Long swing trade / Intraday It broke the sloping resistance line with heavy volume.
Can enter long if the previous days high broken. ENTRY : 4915
Can book the profit at the swing high of 5090
BAJAJ FINSERV IDEA Hello guys,
Welcome back to my new idea
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THANKS, REGARDS
RAVINDRA
flag pattern in daily chart flag pattern in daily chart expecting more downfall in coming weeks and months
BAJAJFINSV -Awaiting an Intraday Shorting opportunity below 4498Awaiting entry if closing below 4498. If entered SL above 4538, and TGT1: 4430, TGT2: 4335.
#BAJAJ - Bear Pennant Clean continuation pattern forming, the descending triangle after the initial dump, expecting one more leg down, keep an eye on daily candle close as well possibly printing a pin bar here.
Symmetrical triangle price pattern on BAJAJ FINSERVE 15min chartSymmetrical triangle price pattern on BAJAJ FINSERVE 15min chart.
9780 + or - 60 points. Lets see if the trend continues or not !!!
Stock: BajajFinSv Looking for a CorrectionStock: BajajFinSv
Looking for Small Correction till Demand Zone
Short Below 9252
SL: 9328
Expect Targets: 9200-9150-9000--
5 waves completed or will complete in coming days reversal may ?Market Commentary:
If the trend is upside or in downside i will inform in the chart and there will be a PB can occur and some correction may start so MIND that DONT TRADE THE CORRECTION and what i am expecting the CORRECTION....Wait for the PB ends...and give entry in the trend side...If u r doing the PB and correction u will took loss ....trade only in trend side....
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS
YOU CAN COMMENT ONLY FOR DOUBTS IN LEARNING EW AND NOT FOR ENTER OR EXIT IN THE TRADE OR ASKING ME OR SUGGESTING ON WHAT U TAKEN, ACCORDING TO YOUR ANALYSIS.
All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count changed or updated. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers.
This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once again.
Short Bajaj Finserv - Tgt 8600RSI showing bearish divergence
Price at the top of the channel
High Probability of moving down first before going back up again
Tgt 1 - 8800
Tgt 2 - 8600
