Bajaj_Auto towards 5500Bajaj Auto has Head & Shoulder pattern breakdown.
This will lead it to 5500 with following targets;
7000 / 6500 / 6000 / 5500
BAJAJ_AUTO trade ideas
#BAJAJAUTO DEMAND ZONEIn trading, a demand zone is an area on a price chart where buying interest is significantly strong, causing the price to bounce upward. It is the opposite of a supply zone, where selling pressure is dominant. Traders often use demand zones to identify potential entry points for buying, as the price is expected to rise from these levels.
BAJAJ AUTO LTD SWING TRADE SETUP📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
👉👉👉Follow us for Live Market Views/Trades/Analysis/News Updates.
BAjaj Auto 7500 Bajaj Auto Ltd. is one of India's leading manufacturers of motorcycles, scooters, and three-wheelers. Established in 1945, the company has grown into a global brand known for its innovation, durability, and affordability. Bajaj Auto is renowned for models like the Pulsar, Dominar, and Platina in the motorcycle segment, as well as its popular three-wheelers used for public transport. With a strong presence in over 70 countries, Bajaj has positioned itself as the world's largest manufacturer of three-wheelers and one of the top motorcycle exporters from India. The company continues to focus on technological advancements, electric mobility, and sustainable transportation, reinforcing its reputation as a pioneer in the automotive industry.
BAJAJ AUTO | SHORT | INTRADAYBAJAJ AUTO is correcting from the Highs.
Lower Highs formation noticed. We can anticipate a correction further to 8675 price levels which should be a good support.
An intraday trade is certainly setting up my that logic.
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.
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.
BAJAJ AUTO --- excellent support for longsI see BAJAJ Auto has been at crucial support and forming nice bullish candles.
It has lot of potential to cross 10k. Actually this stock is running on discount price now for buyers..
THIS IS NOT SELL OR BUY RECOMMENDATION. I AM NOT SEBI REGISTERED
This is for learning purpose only.
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.
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.
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! 💬
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.
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.. .
🇮🇳"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.
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 BASIS
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
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.
BAJAJAUTO LONG 15mins Price bounced from this level in uptrend. It could give a quick 1.5:1 or 2:1. Combined both levels LOTL
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
Long base breakout: Bajaj_AutoAfter 3 months of consolidation, bajaj auto broke out from a long base, horizontal line.
