Dear 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...
No buying untill it comes to near it's previous swing low at 1080 zone
BAJAJ 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. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...
Expecting further fall towards 11500 level which is at key support and weekly RSI showing strong bullish divergence. If price bounces up from key support then 15500 level will act as strong resistance level. If key support breaks then next support will be the trendline support around 8600 level. (Highly likely as it is overvalued and promoters are selling) Best...
THANK YOU... if its the previous day high breck we are going to long side and "tg" and "stoploss" 1st we go with 1:2 ratio then we going with 1:4. have a grate day to all. thank you/.......
Bajaj finserv is good for swing trading. It has formed and bullish engulfing pattern on daily time frame. The stock has retested the previous trend line and is near the resistance level of 16570. If the stock cross the level with volume confirmation, it can move up to the level of 18000. Bajajfinserv will give a good move on long side. Target :- 18000, 18500.
Currently at 16600 , 16600-16200 being a very strong support zone. If this level is broke then it is better to stay away from this stock. Trading below 50sma pure bearish trend. 17800 being very strong resistance
1mouth ago I posted that Buy Bajajfinserv Target 🎯 18500 .
Buy Bajajfinserv Target 🎯 18500 because it has recently given major breakout .
Buy Bajajfinserv Target 🎯 15500 because it is it's above major Resistance thatwhy it will go till 15500
Channel Breakout All the key levels are mentioned in chart Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Bajaj Finserv has had a fantastic run in November however last four trading days of November it has not been able to cross blue trend line which signifies long term wedge it was following pre covid. Barely keeping above the 78.6% Retracement Level and failing to close above trend line. Look to short on closing below 8711 for a decisive down turn till ultimate...
this chart is for short term, few days ago, i have posted long term chart of bajaj finserv.
This is the cheapest you can get your hands on this stock for. -Clearly there is a triple bottom formation and institutional buying at these levels -Volume agrees with it. - As a trader I would be a huge buyer if the price action breaks above the rectangle. - If you're a long term hodler this is your time to shine. Note: Considering Prime Minister Narendra...