Intrinsic value- 4250 CMP- 3618 ( 15% discount compared with IV) ***Stock is Undervalued*** Best levels- 3450 or 3150.
When it comes to the technical analysis of BAJAJ AUTO LTD, you might get an impulse to the downside. Based on my technical analysis, it is still in uptrend. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just below the entry area. What do you...
Bajaj Auto competed head and shoulder pattern. As the market in downtrend, good to short this stock for a target of minimum 200 points. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts...
Double bottom formation breakout and re-test done. Good to go long in this with very low SL and high target. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to...
On the daily chart the stock is made a successful breakout and retest the same breakout level. Based on this formation we can expect a up move from here.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Bajaj auto forming a double bottom and ready to breakout above the trendline as well. Good to go in this stock for target of previous high (4300 levels). Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please...
NSE:BAJAJ_AUTO Bajaj Auto price formed a triangle and it is time to stay bearish for short term
bajaj auto in daily time frame after a long term down trend it has created a vedge pattern which is supposed to be broken in downside but here however if it has potential to go higher then it may give some short of conformation on the support level like i have shown in picture it might or might not create a double bootom or give us a some short of doji or...
Buy and hold above 3555 Target 3650, 3720 Sl 3500 Positional setup.
yesterday institutional zones combines with price action. there are more stocks which respected the levels, we have updates few for reference.
The markets witnessed a correction ahead of the budget and RIL's Q3 earnings release. Here are some stocks and sectors that are there on our radar. Many of these opportunities in our watchlist depend on how the market action progresses over the coming week. What's your watchlist looking like? The complete list: Monthly chart, sectors: Auto. Bank...
another stock is about to move buy and hold for good target ........ for more information call me or DM me
Bajaj Auto's weekly chart has formed Bullish Bat Pattern and currently, prices are trading near its Prz zone. Sustaining the supports provided by the patterns, we could see a good bounce back in the stock towards 35500 levels
The only hurdle is 3950 which is 20 week MA. Any break out above that can give atleast 10-12 % return in short term and can stretch much higher if the nifty auto is in support. It is a good trade with almost 3 % of SL as seen on price action on closing basis
BAJAJ AUTO is making a narrow range and now again touch the upper black line. It has taken support from the bottom black line.
Bajaj Auto seems to have gone into a consolidation phase , A 15-20% of gain can be expected in coming 2-3 months .
Bullish chart pattern made in this stock. Entry if sustain above marked support on daily closing basis.. SL is 3600 for the 1st target 3900..