Buy Bajaj Finance using Elliot Impulse Wave and three Trend lines yellow, green and red trend lines . Buy at 3118.40 price .Target of 3734 around 18% . Stop Loss is the red line around 3.61%- If it starts breaking the red trend line . Then it can go Down. Also RSI there seems more room for downward movement once it reaches around 36 RSI Level then Buy.
I think my previous count is wrong.... readjusting the count...
Bajaj Finance informed on Monday it may consider additional accelerated provisioning for Covid-19 in the first quarter of fiscal year 2021 to further strengthen its balance sheet. BajFin were moving between 200EMA (Resistance) and 100EMA (Support) and also following the levels on Fib ret. Today stock made High above 200EMA but closed below.Today volume was 11.438M...
FOLLOW
Bajaj Finance is entering into 5th Elliot Wave. It will help in crossing 200 EMA also. TARGET 1 : 3150 if sustain above 200 EMA, TARGET 2 : 3400 STOP LOSS : 2800
Bajaj Finance broke the consolidation zone tend to move upward. Buy with Target : 3157 - 3190 Stop loss : 2541
Recount - some more downside before big rally
LONG : Stop loss : 3025 , Target : Till it touches green lines.
SPOT: BAJAJ Finance BUY above 3015, SL 2068 Tgt 3062
Trying to convince myself that no further drop from the current market price.... don't know whether it will bounce back from the current level
I believe BF is in consolidation mode and expected to breakdown in a week time towards a journey of 3050. Still in a learning mode...
Bajaj Finance intraday levels to trade on 30th Jun 2020
BAJAJ FINANCE BREAKOUT BOOM !! As we can see inverse h&S formed & breakout done . so in comming days 3100-3300 sell zone. This chart only for educational purpose . if you like this chart give a thumbsup & follow me on twitter for more updates ! Thanks .
Pullback Trade . Retrace 0.618 (From Last Swing Low To Swing High) Twizzer Bottom Pattern with High Volume . Long Above :- 2712 SL :- 2608 Target :- 2895-2920
The price has rallied up significantly in the past 3 sessions. A rounding bottom can be seen at the top of the trend further showing that a profit of Rs.30-40 can be booked if the market continues in an upward trend. RESISTANCE LEVEL (2700-2710) SUPPORT LEVEL (2660-2670) If the price goes in a downtrend, wait for the pullback at the support level. RSI level is...
Weak on charts, available at a good discount, a bright future for this stock. What else do you need? ;) NSE:BAJFINANCE