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...
Bajaj auto , if it stays above 3588, may reach 3755. Bajaj auto looks strong in the short term
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
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..
Buy Bajaj Auto Target 🎯 4200 because it is recently trading at its support and I have given target of major Resistance.
NSE:BAJAJ_AUTO bajaj auto is ready for swing . bajaj auto buy above 3820 target will bee 1) 3900 2)3950 3)4050
Bajaj Auto, the trend is good on the monthly timeframe and its weekly price action is suggesting that it trying to form a short-term bottom. And there is a support zone 3790-3743 that confirms the said price action, now if this support zone holds price might move towards the upper range.