BAJAJFINSV trade ideas
BAJAJFINSERV DAILY CHART BAJAJFINSERV DAILY CHART
Ellipse breakout @ 1700 Target 1860-1890 Time period 26thDec-29thJan ( White lines)
This stock has witnessed ellipse breakout @ 1700, with expected target (MOB 1860-1890), with expected time for target (26th DEC -29th JAN).
Ellipse, MOB & time studies are all calculation & mix of technical studies.
Its only an observation & not any suggestion.
Bajaj Finserv LtdTARGET AND STOPLOSS IN CHART
FUNDAMENTALS
Market Cap
₹ 2,72,853 Cr.
Current Price
₹ 1,710
52 week High / Low
₹ 1,724 / 1,215
Stock P/E
36.8
Book Value
₹ 319
Dividend Yield
0.05 %
ROCE
11.3 %
ROE
14.8 %
Face Value
₹ 1.00
Promoter holding
60.7 %
EPS last year
₹ 40.3
EPS latest quarter
₹ 12.1
Debt
₹ 2,51,552 Cr.
Pledged percentage
0.01 %
Net CF
₹ -2,409 Cr.
Price to Cash Flow
-6.91
Free Cash Flow
₹ -40,603 Cr.
Debt to equity
4.94
OPM last year
36.4 %
OPM 5Year
33.8 %
Reserves
₹ 50,713 Cr.
Price to book value
5.36
Int Coverage
2.28
PEG Ratio
1.90
Sales growth 3Years
14.7 %
Profit Var 3Yrs
24.0 %
BAJAJFINSVStocks trading near 2 Day high as well as with rising volumes and closing strong , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
BAJAJFINSV NSE:BAJAJFINSV
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BAJAJFINSV - 4 months ASCENDING TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
A Winner run for BAJAJ FINSERV?BAJAJ FINSERV looks promising for an upside gain as it makes new powerful momentum swings. The stock has formed a ascending triangle zone where it tried breaking out near previous resistance zones. After being an underperformer for over an year it would be interesting to see if it can break through previous price points & recover to form new highs.
BAJAJFINSV : Booked profitsI've realized a profit of approximately 26.65%.
While there is a potential for a 17% move to reach the all-time high from the current levels, it's important to note that the downside risk is considerably higher, at over 43%.
From a technical standpoint, the price has consistently faced rejection at the current levels. Given the overall market situation and the stock's valuation, I no longer find it prudent to maintain my position. Therefore, I have decided to secure my profit.
However, I will certainly consider re-entry if the price retraces back to the lower end of the channel line, as indicated in the chart.