BAJAJFINSV BULLISH MOMENTUM VIEW👉Showing Good momentum✔️
👉Stock forming Bullish Reversal Structure ✔️
👉Near 200 EMA Support✔️
👉Good for Investment Point Of View✔️
👉Favourable Risk & Reward Setup✔️
👉Positional Targets 1433/1555/1666+
BAJAJFINSV trade ideas
bajajfinserveBajajfinserve in last 2 months had taken support near 1619-1623 levels & bounced back. 1620 looks like very strong support & its nearing its support or bottom end of range.
Could be bought here with stoploss of 1615 which is below its strong support zone for target of 1800 which is upper end of this range.
Good risk:reward trade.
Bajaj Finserv Ltd - 20.03.2023Dear Followers,
Hi Folks. I am posting a Chart after a long time due to the regulatory issues in my country.
I have done the analysis on Bajaj Finserv Ltd - Daily Chart from 01.01.2022 - 20.03.2023
The stock has been in a continuous downtrend since past few months.
The daily chart have a Double Bottom @ 1246 levels which is considered a STRONG SUPPORT ZONE.
The Prices are below EMA. Let the prices go above 1339 to enter a long position
There is a Bullish Divergence in RSI which needs a tick up for further upside movement.
The stock will create a very good upside movement once it goes above 1339 levels
Watch out for the price action.
DISCLAIMER: Please be advised that this Chart is for educational purposes only and shall not be consideration as a Buy / Sell Recommendation.
BAJAJFINSV RSI BULLISH DIVERGENCE !!!The price near ascending channel support of 1280--1320 and also there is RSI Bullish Divergence on weekly and daily timeframe. We seen a good correction in price an now price forming strong base to go upside. If price respects the channel support than than price can go upside for the targets of 1435--1500-1600 in next trading sessions.
BAJAJFINSVNSE:BAJAJFINSV
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BAJAJ FINSERVBAJAJ FINSERV is currently in a bearish trend and is going to hit its immediate support zone of 1100 levels.
For now, it is good to short this stock for some time till it reaches its support zone.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
BajajFinserveBajajFinserve - It looks strong, It is trading in a Box Pattern and tried to break it two time and failed. Also in hourly time frame we can see it formed symmetrical triangle pattern and once it breaks we can expect a good move .
Also RSI shows good move towards upside. So we can think of entering this once the symmetrical triangle pattern breakout happens. It has multiple timeframe analyses.
Disc- Only for education purpose and not a trading recommendation.
