BAJAJ_AUTO trade ideas
#BAJAJ_AUTOBAJAJ AUTO LTD
Sector: Consumer Cyclicals
Industry: Auto & Truck Manufacturers
Employees: 8013
Bajaj Auto Limited is an India-based manufacturer of motorcycles, three-wheelers and parts. The Company's business segments include Automotive, Investments and Others. The Company's vehicles include two-wheelers and commercial vehicles. Its two-wheelers include Bajaj V, Bajaj V Avenger, Avenger Cruise 220, Pulsar RS 200, Pulsar FOS, Pulsar 200 NS, Pulsar 220, Pulsar 180, Pulsar 150, Pulsar 135 LS Discover, New Discover 125, New Discover 150S, New Discover 150F, Platina 100, Platina 100 ES, CT 100, CT 100 Ninja, Ninja 650R and Ninja 300. Its products also include CT 100B, Boxer BM150X, Avenger 220 Cruise, Avenger 220 Street, Avenger 150 Street, Pulsar AS 150 and Maxima-Cargo. The Company's geographic segments include India and Rest of the world. The Company offers troubleshooting services. The Company's plants include Waluj plant, Chakan plant and Pantnagar plant. The Company's subsidiaries include PT. Bajaj Auto Indonesia and Bajaj Auto International Holdings BV.
BAJAJ AUTO going to fall in long term I am expecting Bajaj auto going to fall as per longer time frame chart the target is 2200
BTST BAJAJ_AUTOIf it break resistance as mentioned in the chart, It will may go further up other wise, there will be downward movement exception. All the details mentioned in the chart.
BAJAJ AUTO rising wedge developing on smaller time frame.looking to open a short as and when it breaks out from the wedge.
All green lines are #vaba levels and they perfectly blend with the given structure.
#beauty of #vaba
Test Trade - Long Straddle on Bajaj AutoEarnings to be out today. Intrinsic value breakevens are marked in red, with theoretical intrinsic strategy breakeven in black thick lines.
If the price moves above or below the upper or lower black line respectively, the Long Straddle is in profit.
I was inclined to take the trade but the premium was far too heavy, with October options expiring tomorrow and November being too high in theta value. Considering playing this on October, will put an update if I end up taking the trade.
BAJAJ AUTO IS SHOWING SOME SIGNSBAJAJ AUTO IS NOW FORMING A WEDGE PATTERN AFTER COMING FROM A STRONG UPTREND AND NOW WAITING FOR A BREAKOUT ON EITHERIDE PERSONALLY ILL TAKE A SHORT IF IT BREAKS BELOW.
