BAJAJ AUTO - Momentum being build Momentum Buildup
Look at the chart structure here.
The price has been falling however, RSI has been Building up momentum.
Classic Bullish divergence.
BAJAJ_AUTO trade ideas
bajajauto trade set upbajaj auto is trading around 50 week ema which is supposed to be a good buy, it will show a strong support at 3591 which is 3 percent below and thus stoploss becoming 3575 , quite possible if market consolidates this week , price of this stock might available at that area for a small period of time but currently bajaj auto have immediate support at 3676-3680. as per the chart it is creating bullish shark patterns in longer time frame as well shorter time frame, watch this counter as any time a bounce back can be seen. upside target 1 will be 3781.9 and target 2 will be 3889. So, its a buy the deep strategy till 3591 this week.
BAJAJ AUTO LTDLong 2 time. 1st time small cont. And 2nd time big cont.
Macd crossover
Rsi positive
1, 2 hour timefram supertrand brackout.
Buy Bajaj Auto Target 🎯 4200Buy Bajaj Auto Target 🎯 4200 because it is recently trading at its support and I have given target of major Resistance.
Bajaj Auto Targeting 3437?Bajaj Auto ready to touch 3437..
On Weekly Timeframe Stock is about to complete Double Top..
If Double Top pattern gets activated, then we can see very good fall in the stock..
Bajaj auto There is fall in bajaj auto it might be continue when it break the 3682 enter into the short trade sl will be max 10 rs
target will be 3650
short entry is more favourable but market will be gap up tomorrow if our level don't come don't trade
go for another scrips '
entry -3682
sl-max =10
target 3650
Charts of the Day: Nifty BankNifty and other Stocks AnalysisCharts of the Day: Analysis of Nifty and BankNifty and other stocks like #Reliance, #Escorts, #CumminsInd, #IRCTC, #Coforge, #HDFCLIFE, #MUTHOOTFIN and Bajaj_Auto.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
BAJAJ AUTO SWINgNSE:BAJAJ_AUTO
bajaj auto is ready for swing .
bajaj auto buy above 3820
target will bee
1) 3900
2)3950
3)4050
Bajaj Auto at SupportBajaj Auto, the trend is good on the monthly timeframe and its weekly price action is suggesting that it trying to form a short-term bottom.
And there is a support zone 3790-3743 that confirms the said price action, now if this support zone holds price might move towards the upper range.
BAJAJ AUTO - Multiple Bullish indicator1. Watch the support at 200 EMA always.
2. Formed a bullish candle at demand zone.
3. There was no major sell volume while the price was falling.
LONG OPPORTUNITY IN BAJAJ AUTOStock is trading near 200EMA in one day candle and taking support near that region respecting the trend line. Also trading in ascending triangle pattern. Going long with SL below 200EMA shall be considered.
Consolidation At support!Wait for BO. May Take trade where it breaks. Range 3805 to 3855. Wait for strong candle with good volume.
BAJAJAUTOBAJAJAUTO at crucial support
Keep track of the sector while you're invested
Current spot is good for Entry purely because RR is in our favor
Bajaj autoBajaj auto is looking bullish in 1 day time frame and can get terget of more than 300 points in short term
BAJAJ-AUTO future outlookOn friday 30th July after 2months of correction off its high Bajaj-auto took support near a major trendline that started around december 2020 and levels of 3750 that have been crucial year long whether as support or resistance. Taking off todays high can take it back to the top of the triangle pattern!
Long Bajaj-auto above 3860 with SL around 3750 for targets of 4200-4250 (risk reward of 1:3.5).
trade idea No 2-bajaj autoFirst vertical line is expected end of correction and horizantal line is support below which trade invalid.
Expecting fallWait for breakout , breakout may happen up side also but I'm more consistent with downside breakout .
Note :- don't take immediate trade after breakout , Wait for the support as I drawn in chart (white line)
Good Luck 👍
