BAJAJFINSERVTechnicals: 1) A triangle pattern has formed since Jan'2021. 2) The breakout from that pattern occurred after almost 3.5 years. Please provide ideas if any... ***Disclaimer: Strictly for discussion purposes and not for making decisions on investing in the stockby Prasad_Chenchu4
BajajFinsv - Breakout on weekly chart👉Strong Breakout Seen on weekly chart 👉Compounded Sales Growth of 3 years 22% 👉Compounded profit growth of 3 years 22% 👉Stock Price CAGR 2% (Value unlocking is due) 👉Good Promoter Group Targets - 2000, 2500, 3000 Wait for retest Happy Investing..Longby Stockiist5
Potential Breakout Opportunity in Bajaj Finserv Ltd. Bajaj Finserv Ltd. is currently forming a classic ascending triangle pattern on the monthly chart, a bullish continuation pattern often signaling a potential breakout. The price has been consolidating within this pattern, making higher lows, and is now approaching the resistance level at around ₹1,925. Key Levels: Support: The lower trendline, which has been acting as a strong support, currently lies near ₹1,600. Resistance: The upper trendline, around ₹1,925, is the critical level to watch for a breakout. Target 1: ₹1,925, where the price is expected to test the resistance. Target 2: ₹2,300, which could be the next significant level if the breakout holds. Indicators: RSI: Currently around 62, indicating momentum is building but not yet overbought, supporting the potential for further upside. Volume: Gradual increase in volume suggests accumulation, which might fuel the breakout. Disclaimer - This is just for education purpose only. Take financial advice from financial advisor before investing.Longby jeet206
Bajaj FinservThis is the daily chart of Bajaj finserv on DTF, one can keep an eye...by MARKET_SCENARIO1
Bajaj Finserv: Monthly Ascending Triangle Breakout! Bajaj Finserv: Monthly Ascending Triangle Breakout! 🚀 Current Market Price: 1783 Stop Loss: 1551 Target: 2440 Bajaj Finserv is showing a strong monthly breakout from an ascending triangle pattern, with the highest monthly close since October 1, 2021. A small resistance lies near 1932, and further gains are expected once this level is crossed. Potential for a strong rally ahead! 📉 Risk Management: Keep your stop loss at 1551 to protect your position. 📊 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. Exciting times ahead! #MarketAnalysis #BajajFinserv #TechnicalAnalysis #AscendingTriangle #Breakout #InvestmentOpportunitiesLongby satyam151
POSITIONAL IDEA- BAJAJ FINSERVEPOSITIONAL opportunity in bajaj finserv with 1:6 RR, bounce from fibonicci 61.8% with VCP in symmetrical triangle.Longby RAJDADUpdated 1
Breakout Confirms !NSE:BAJAJFINSV trade at 1755. Support at 1530 Resistance at 1800. When its break resistance level you can watch it next resistance at 1950.Longby thecapitalmarkets5
Bajaj finserv looking for 2200 prices Bajaj finserv is showing consolidation near ATH and forming double bottom now. Within few days looks like it's going to break it's ATHLongby ShubhamTurkiya2
Bajaj finserve breakout after a strong consolidationBajaj finserve can double from here with in few years. Sl below the trend line. Chart is self explanatory. Please follow the price action & take the trade as per your appetite. The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research. Request your support and engagement by liking and commenting & follow to provide encouragement.Longby peacemaker2024447
Bajaj Finserv New highsNSE:BAJAJFINSV has always been a good strong fundamental company, my estimates after this large move is that Bajaj Finserv will finally break its All time high and reach for new ATHs. Around 9.5% of upside left to 1890 even after the current strong move and extended targets for long term of 2300 could also be seen if markets continue their bullish bias Disclaimer: I hold this stock personally at the MP of 1655.Longby Sannyu_Nanda0
Bajaj finserv. New Bull run coming?All details provided on chart. Selling pressure can be seen now around 1710/1725, but looks promising to go up Longby TraderSunil300
BAJAJ FINSERV LONGBAJAJ FINSERV as seen in the chart above is forming a ascending triangle pattern. Consider it for educational purpose and look for target and SL accordingly.Longby MritunjayTomar0
Bajaj Finserv: Comprehensive Analysis and Outlook for FY 2024-25Bajaj Finserv (BAJAJFINSV) has consistently been a key player in the Indian financial services sector. As of April 2024, the company has demonstrated robust performance across multiple financial metrics, cementing its position as a market leader. This analysis delves into its EBITA margin, chart trends, fundamental strengths, and year-on-year (YoY) comparison, followed by a future outlook extending to March 2025. Fundamental Analysis: Fundamentally, Bajaj Finserv remains strong with a diversified portfolio across insurance, lending, and wealth management. The company’s prudent risk management and focus on digital transformation have bolstered its market position. Revenue growth has been steady, supported by an expanding customer base and innovative financial products. The balance sheet reflects a healthy capital structure, with minimal debt and strong liquidity ratios. EBITA Margin: For the quarter ending June 2024, Bajaj Finserv reported an impressive EBITA margin of approximately 35%, reflecting strong operational efficiency. This margin indicates the company's ability to generate profit before interest, tax, and amortization, underscoring its solid revenue model despite a challenging economic environment. Over the last three years, the EBITA margin has consistently improved, showing resilience against market volatilities. YoY Comparison: Over the past three years, Bajaj Finserv has seen a compound annual growth rate (CAGR) of 12% in revenues. The profit margins have also shown an upward trajectory, with the 2023 fiscal year marking a notable recovery post-pandemic. The company’s return on equity (ROE) has improved from 15% in 2021 to 18% in 2023, demonstrating enhanced efficiency and profitability. Chart Analysis: In August 2024, the daily chart for Bajaj Finserv reveals a phase of consolidation within a symmetrical triangle pattern, indicating indecision in the stock's movement. The price has been oscillating between defined support and resistance levels, signaling that traders should be on the lookout for a potential breakout. A decisive move beyond the triangle boundaries will likely determine the next direction of the stock. On a weekly basis, the chart shows a bearish trend, as Bajaj Finserv has consistently closed lower than it opened in recent weeks. This trend points to persistent selling pressure, with resistance remaining firm. The Relative Strength Index (RSI) is approaching oversold territory, which could hint at a possible bounce or reversal if selling pressure subsides. However, until such a reversal is confirmed, the bearish trend is expected to continue. The monthly chart provides a neutral to bearish outlook for Bajaj Finserv. While the stock has demonstrated some resilience, it has struggled to break through the resistance level around ₹1,950. The flattening of longer-term moving averages and the price action suggest a period of consolidation rather than a strong directional move. The monthly RSI remains neutral, reflecting the overall uncertainty surrounding the stock's medium-term trend. Future Analysis and Prediction till 31-03-2025: Looking ahead, Bajaj Finserv is expected to continue its growth trajectory. The company’s strategic initiatives in digital finance and expansion in rural markets are likely to drive revenue and profit growth. By the end of March 2025, the stock could potentially reach ₹2,200, with EBITA margins expected to stabilize around 36%. In summary, while Bajaj Finserv shows potential for a breakout on the daily chart, the weekly and monthly trends indicate caution, with bearish signals predominating. Traders should monitor key support and resistance levels closely and look for confirmation of any breakout before committing to a position.by shvishal2
BAJAJFINSERVE - Signal before a Big Breakout ?Bajaj Finserve has been undergoing a correction since 2021, forming a triangle pattern. It appears that the stock has finished its 4th wave in the form of a triangle and is now poised for the 5th move. Finding an entry during a corrective phase is always challenging as prices tend to be choppy and sideways. However, upon analyzing wave e of the triangle, it was quite sharp and broke down the support levels, trapping the bears. What particularly caught my attention was the breakout of an inverted head and shoulders pattern on the daily chart. This is a strong pattern that suggests a potential bottom for the stock. Additionally, the breakout occurred at the exact crossover of the 20 EMA and 200 EMA. Taking all of these factors into consideration, it could indicate a favorable upside potential despite the significant resistance from the top trendline of the triangle. The partial stop loss should be set at today's candle low and partial at around 1550. We can aim for a minimum target of 1800. This gives us a favourable risk to reward ratio. All the data points are indicated on the chart Disclaimer: Please note that the information presented in this analysis is intended for educational purposes only. It is highly recommended to seek advice from a financial advisor before making any investment decisions. I cannot be held accountable for any financial losses that may ariseLongby harshit22Updated 4464
#bajajfins weekly time frame Bajajfins is forming really good pattern. It's going up and down but u guys can see this time it has started consolidation at break out lvl. Look it good on daily time frame too as it is in supp on that time frame too which is good for short term and small targets. For big we have to wait patiently as finance sector is not doing even tho stocks are publishing good results too . One can add this in there watch book . It's not any buy/sell recommendations.Longby broly_2
BAJA FINSERV BIG BOOOM !!Buy Bajaj Finserv 1540 since this are is a big buy zone as seen in the chart. Take targets upto 1670 , 1740. SL below 1510. Super risk reward ratio, very positive outlook. Longby NikTrader0012
BajajfinsvWait for weekly closing after breakout, don't rush to buy. It can create a healthy return. Keep it tight and hold. Longby Stockiist3
BAJAJFINSERV-LONGTraders can consider long positions on a confirmation from order flow with appropriate risk management strategies.Longby NisarN3
BAJAJ FINSERVGud triangular pattern in this stock along with consolidation in daily timeframe. It may give breakout from here our SL will be very small. and first target will its all time high. .it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market. SL 1520 TARGET 1980Longby DEVA4351
BAJAJ FINSERVE - DAILY TIME FRAME - MY VIEW ONLYThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Please keep your comments useful & respectful. Keep it simple, keep it Unique. Thanks for your support Tradelikemee Academy Saanjayy KGLongby TradelikemeeUpdated 3
BAJAJFINSERV-longSharing my bullish outlook based on bajajfinserv. Would love to hear your thoughts and insights on this setup.Longby NisarN0