Bajaj Auto | Short | STBTBajaj Auto had a big gap up today morning and got rejected right away from The Daily resistance level. As per my understanding this has to be a good place to short for optimum risk to reward ratio considering that it has been in a downtrend. Short target - 8920.Shortby Sky_Tracer4
Bajaj Auto: Poised for a God Candle!Bajaj Auto is currently showing signs of forming a descending triangle, a pattern that typically signals a potential breakout. The big question is: Which way will it go? Key Levels to Watch: 1️⃣ Support Zone: If the price breaks below the support, we could see a swift move downward. 📉 2️⃣ Resistance Zone: A breakout above the resistance might ignite a God Candle and send the stock flying. 🚀 Sentiment Check: Bullish Case: Buyers take control, leading to a sharp upward rally. Bearish Case: Sellers dominate, causing a breakdown to lower levels. What’s your take? Are you betting on the bulls 🐂 or the bears 🐻? Share your thoughts! 💬 by ashwani5002
BAJAJ AUTO LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.by zenthosh1
Bajaj Auto | Shorted Again | SwingBajaj Auto has once again demonstrated further weakness by breaking the present days low and the crucial neck line. Price is below all three crucial pivots - monthly, weekly & daily. I have shorted it once more for the next target as 8760.Shortby Sky_Tracer1
BAJAJ AUTO swing tradeHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .Longby OptionCallPro442
🇮🇳"Long BAJAJ AUTO?!? Now? Are you crazy?" NOPE.Since I started using my FPC exit strategy, I have actually started to like down trends just a little. And this one is special. BAJAJ_AUTO has been a stellar performer for almost 2 years, up over 200% in that time. But it has lost over 25% of its market cap just since Sept. 27th. Trading that with a long position seems like a death wish, doesn't it? Well, friends, sometimes things are not what they seem. First of all, over the last 12 months, this stock has produced over 20 buy signals and every single one would have been profitable. Not just profitable - PROFITABLE. The average trade was +1.33% and lasted just 3 days. That's an annualized return of 111%. "Yes", you say, "but that's because it was in a strong uptrend most of the year. It isn't any more. It's dropping like a rock." That's a fair point. Uptrending stocks are generally easy pickings for long trades and staying away from downtrending stocks is an excellent general rule. But allow me this counterpoint. Since Sept. 27, the beginning of this plummet downward in the stock, my system would have generated 9 trades. All 9 were wins, averaged 1.98% and lasted an average of 2 days. That's right, the trades during the slump were actually MORE profitable than the trades from the rest of the year. In fact, they helped make that average I mentioned earlier higher than it would have been. The trades in the last 2 months produced gains that if annualized, work out to almost 250%. If I could, I would buy it if it went under 9421 at any point in the next trading session. Per my usual strategy, once I'm in I'll add at the close on any day it is still oversold and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation. Longby redwingcoachUpdated 337
buy bajaj auto for swing BUY BAJAJ AUTO FOR SWING TRADING APPROCHING MAJOR SUPPORT LEVEL CAN BE GOOD LEVELS TO GO LONG WITH 9200 SL ON CLOSING BASISLongby venturacapitals8Updated 6
BAJAJ AUTOBajaj auto taken support if it get sustained above 10407 might go up.Longby OM-MADY-stockmarketclasses7
Bajaj AutoBajaj Auto is a 12,000 future value stock. currently trading around 9500 levels Right entry is 9350 levels and can add in every dip Short Term Stop Loss - 9000 levels Target levels Short Term - 10,045 Long Term Targets - 10,463 / 11,129 / 11,809 This idea is just for education purpose and analysis and not for real time trading kindly consult your financial adviser before investing Longby haresh2408Updated 15
Bajaj Auto Weekly Long This level is in the middle of the big candle & a good candidate to go long. It is below the Daily DZ but that isnt a good level hence may act as trap as well. Longby uspostal7
BAJAJAUTO LONG 15mins Price bounced from this level in uptrend. It could give a quick 1.5:1 or 2:1. Combined both levels LOTLLongby uspostal3
Follow The Trend or Wait for Retracement...NSE:BAJAJ_AUTO trade at 10500. Support is at 9700 and Resistance at 10600. P/E RATIO - 36.35 Industry P/E - 23.75 On the 23rd AUG Bajaj Auto give a Breakout above 10000 level. You can wait for Retracement otherwise Follow the Trend for Next Resistance at 11200-11500.Longby thecapitalmarkets4
Buy Bajaj Auto Short Term Trading Advice by Goodluck Capital Buy Bajaj Auto Buy Range- 9400 - 9600 Target- 10200 - 10400 StopLoss- below 9000 Potential Return- 7-9% Approx trade duration 14 - 15 days Longby GoodluckCapitalUpdated 1110
Long base breakout: Bajaj_AutoAfter 3 months of consolidation, bajaj auto broke out from a long base, horizontal line.Longby the_tradist2
BAJAJ AUTO Shortterm VIEW BEARISHAfter a good run from Rs.4,000 (in APRIL 2023) Stock has doubled and more to Rs.10,000. Along the journey We have seen small consolidations at Rs.8,500-9,300 and stock reached Rs.10k After that we have seen a small dip towards 8,800. Now its forming a HNS Pattern in Weekly TF. I expect a Downside correction to 7,000-7,300 Zone. I also believe Automobile Sector will go through some consolidation.Shortby The2PercentTrader1
BAJAJ AUTO LTD S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh2
BAJAJ AUTOFresh break out in bajaj auto. also it has all time high. can buy right now with sl. also gud entry on retest. with proper sl. target will be high. if it makes consolidation here.by DEVA435Updated 7
BAJAJ AUTO LTD S/R for 16/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh2248
Bajaj auto ltdUptrend with HH HL Breakout retest Presence of demand at those levels Rsi hidden bullish divergence and Avwap breakoutLongby Rah3432
Bajaj Auto Going to upside for 10,000Bajaj Auto Going to upside for 10,000 minimum if sustain Above 9275 Invalid 8400 cmp. 9043Longby lashkarikartikUpdated 5
BAJAJ AUTO - SuperchargedNow its time for Bajaj Auto, looking good at this stage, i would love to go long now because everything is positive now like RSI above 60, trading above 60SMA and most important thing general election is over in India so now the way is clear ! Longby ssood42500
BAJAJ AUTO LTD - NSE (BAJAJ-AUTO) ForecastThe stock chart for BAJAJ AUTO LTD - NSE (BAJAJ-AUTO) reveals interesting patterns and potential trading strategies: 1. Symmetrical Triangle Pattern: - The chart displays a symmetrical triangle formed by converging trend lines. - This pattern suggests a continuation of the existing trend. - Traders should wait for a breakout from this triangle before making any moves. 2. Trading Strategies: - Long Position: - Consider buying if the price moves above a certain level. - Target price for a long position: 3900. - Short Position: - Sell short if the price falls below a specific level. - Target price for a short position: 3500. 3. Current Price: - BAJAJ AUTO LTD is currently trading at 8948.20. Remember, this analysis is based on technical patterns, and actual market behavior may vary. Always use additional indicators and risk management techniques when trading stocks.Longby The90sTraderOfficial337