Bajaj Finance Ltd. completed a 5 wave up move in Oct. 2023( beginning in March 2023).
From the very top of the 5 wave advance the stock seems to have fallen down in a 5 wave. This 5 wave to the downside should be considered as just the wave "A" of the correction that has begun in the stock.
Wave B in the stock should now unfold in the stock to the upside(with...
NSE:BAJFINANCE Finally Bajaj finance break its multiple times resistance, and go to bullish trend, but before taking any position wait for confirmation candle(04/10/2023 candle) and then retracement of support line.
NSE:BAJFINANCE possibility of pattern success is high as the right bottom is higher than the left one and there is an RSI divergence on monthly charts.
Disc - invested, for educational purposes only
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
DATE 15/OCT/2023
BAJAJ FINANCE looking very good at this price.
I have this qty 5 @8048 . Now lets see in next 1-3 months. i will update it on time to time.
No tips do your analysis
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Chart and fundamental very best stock for investment
Consider for portfolio stock
My Target is 7450 stoploss and 9500 Target
Israel war so be careful may be stock market bearish so take own risk no recommendation for buy and sell
No recommendation from me for buy or sell
Take own analysis
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
NSE:BAJFINANCE
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
