BAJFINANCE - simple observation Look at how the stock reacts, whenever, it comes near the central band.
We have an extended tail at the bottom, indicating that all the supply has been absorbed at the central band.
Uptrend should follow from here.
BAJFINANCE trade ideas
BAJAJ FINANCE DAY TIME FRAME ANALYSISDouble top structure with bearish rsi divergence. The view will negate if 8000-8010 crossed.
White arrows show that stock is making higher highs but the rsi indicator is making lower highs, hence the rsi divergence.
One more red candle on day time frame (breaking the trend line), one can go short with 8000-8010 as stop-loss or can sell call options above 8000 and hedge with an OTM call.
TARGET 1: 7650-7700 Range
TARGET 2: 7500-7550 Range
Disclaimer: consult your financial advisor before taking any trades or positions
Thank you!
After making long pole and flag Bajaj finance is ready to break Bajaj finance is now ready to make reversal movment with strong volume targets are mentioned in horizontal lines.
Bajaj financeExpecting big upside move above 7780 .... Risky one enter at current level.... 8000+ target expected as per harmonic level and stock trend and fundamentals
BAJFINANCE SHORT The indicators used to analyze this chart suggests that BAJFINANCE will probably reverse after a strong movement where the stock was overbought. As we can see, MACD line has just passed the signal line, indicating the presence of a bullish momentum. DMI indicator shows us that the uptrend is not strong anymore because +DM and -DM are closer than before now. And this indicate us that the uptrend is losing strength. RSI indicates that BAJAFINANCE may lose bullish momentum. Now we should wait for the price to break the support and retest it as a resistance.
Therefore rejection at the resistance will be our entry price.
P.S No financial advice
BUY BAJFINANCE around 7915 with sl 7130 for trgt 9170BUY BAJFINANCE around 7915 with sl 7130 for trgt 9170
bajfinance wave analysiswave 3 rally seems over,still upside pending after wave 4 correction towards 7734
Bajaj Finance on Daily Chart Bajaj Finance on Daily Chart IF SUSTAINS ABOVE 7500 which above trend line we can go long for 1st target of 7650
Bajaj FinanceBullish Flag and Pole
Stock is holding at higher level
Given a good consolidation after a rally
Can continue its trend
Bajaj Finance Flag and Poll If price breaks up side then and then only buy entry will activate otherwise leave it. Good support at 200 EMA
Chart Pattern Spotted in Bajaj Finance ( Flag and Pole )I Spotted a very good pattern on Bajaj finance in 15 min time frame.
It take support from 200 Moving average as well as it gives us a double conformation.
Bajaj Finance still upside can happenAs per chart analysis l'm expecting it can touch 8000 as a round level by the end of the September or 1st week of October but one things we should remember this stock is hugely out perform after COVID so book profit at 8000 level and it can do more of sustain above 8000. Trend line for you information and only education purpose.
Cheers
Happy learning
Long in Bajaj Finance LtdI do expect a moderate bullish move in this scrip is in coming days, have this scrip in your watchlist. Have your SL below the resistance and try to hold it for a month.
Analysis on Bajaj finance Break down from the channel and get to retest
6000 possible within 3days and will be in range bound 5950-6250 just 300 points range
bounced from trendline support and psychological support
therefore, break out above 6300 target will 6700,6900 from fib A
at the same time, break down below 5900 target will be 5350
Upper circuit in some days Expected From last few days it's been consolidate after 6630 it's go long
Targate :- 7289,7437,7645,7700
Buy Bajaj finance Target 🎯 7000Buy Bajaj finance Target 🎯 7000 because it is on its major Resistance .
BAJAJ FINANCE LTDThis stock is near brackout
Stock related information-
- higher delivery quantity.
- stock outperforming benchmark index.
- increased relative strength benchmark index.
-SRS & ARS Abow zero.
-5 EMA crossing 20 EMA below zero.
-MACD crossing abow zero line.
Note: Long for 15 days to 1 month for tp1 and tp2.
