BAJFINANCE trade ideas
Looking good for DeliveryBajaj Finance showing strength now and looking good for delivery. It has broken out on 27th Oct.
BAJA Symmetrical Triangle 4HRA Symmetrical Triangle is a "bi-lateral" pattern, meaning it could break in either direction.
Our target is the approximate pattern height multiplied by chances of reaching the target or 747.85 * 0.58 = ~433.753 from breakpoint.
Entry: Not ready yet, wait for breakout for direction. wait for full confirmation of 1 bar beyond pattern.
TP: ~433$ from breakpoint
SL: Previous Swing before breakout. Long trade: ~3094$ Short trade: ~3420$
R/R: Will update later after break.
Pattern info: thepatternsite.com
Bajaj Finance ( DAILY ) - Candlestick PatternBAJAJ FINANCE( DAILY )
Candlestick Confirmation
Downtrend from 31st Aug 2020 till 23rd Oct 2020
Indication of Bullish Engulfing with spike in volume and Stochastion in oversold positions
AWAIT FOR BULLISH CANDLE CONFIRMATION
Buy above 3362
Target of 3519
Live Intraday Trading - A intraday trend reversal trade !!Market was trending lower this morning . But , at the same time Bajaj Finance was trending very positive on the last day . As market was trending lower , Bajaj Finance
was also trending lower along with the market . When , the market cooled down a bit , the market started rising higher . At the same time Bajaj Finance stock was also showing some signs to rise higher . Just got into a perfect position and got some handsome profit .
Immediate resistance breakoutView bullish immediate resistance break-
Out possibility long above 3392 with sl 3376
bajfin last 11 year data very interesting bajfin 11-year history this year big profit booking buy long term investors but still has potential to go upside or it can hold a level of 2019 candle range
BAJAJ FINANCE - Expanding Trianglelet me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be satisfied.
Bullish Bajaj FinanceBajaj Finance on Short term chart is showing Breakout of Inverse Head and shoulders.
on weekly charts, Stock has moved from 1783 to 3750 and then retraced 38.2% to 3006.9 and showing reversal trend again.till the time stock hold low of 3006.9, can show move till 5000.
PS: chart and view only for purpose of learning, please consult financial advisor before making any investment.
BAJAJ FINANCEBAJAJ FINANCE SHORT TRADE
Baja Finance has broken a key market structure and has hit a support level and is expected to have a massive sell off
Bajaj Finance - OutlookHi Traders,
Bajaj finance is still in a downtrend as per the higher timeframes. This stock has pulled back to a major resistance zone. The price can continue to go further down from these levels. If the price breaks the trendline marked in the chart which will indicate that the price will be heading down. The key levels to watch are marked with red lines in the chart, these levels can react with the price.
Now if price breaks the key resistance zone to the upside, a break above 3590.85 indicates a start of an uptrend.
For queries pls comment below.
Happy trading.....
Bajaj finance bullish Good long candidateBajaj finance spot cmp 3090
Bullish AB= CD pattern formation
PRZ at 3080-3070
pattern violation below 3050 once sustain below this levels for 15 mins
