BAJAJFINSV VCP pattern on Weekly TF, Good Risk and reward
POSITIONAL opportunity in bajaj finserv with 1:6 RR, bounce from fibonicci 61.8% with VCP in symmetrical triangle.
2x target...Penant formation See the symmetrical triangle formation, and HH formation on everytime frame...
stock is consolidating near breakout level strong up trend seen on chart
BAJAJ FINSERV looks promising for an upside gain as it makes new powerful momentum swings. The stock has formed a ascending triangle zone where it tried breaking out near previous resistance zones. After being an underperformer for over an year it would be interesting to see if it can break through previous price points & recover to form new highs.
I've realized a profit of approximately 26.65%. While there is a potential for a 17% move to reach the all-time high from the current levels, it's important to note that the downside risk is considerably higher, at over 43%. From a technical standpoint, the price has consistently faced rejection at the current levels. Given the overall market situation and the...
These are swing idea's which you can add your watchlist and analysis for yourself. Keep on radar. Potential upside stock!
Breakout Soon Stock. Strong Uptrend Seen on Chart. Stock is trading near Breakout level. Stock is trading above 200D EMA . Company has delivered good profit growth of 19.4% CAGR over last 5 years Stock Name : - Bajaj Finserv.
Head and shoulder break out. On daily candle there is a good break out . We can see a good upword direction.
This stock shows strength above 1530 For the target ofGET 1575/1615/1660 For short term.
Positional Buy Bajaj Finserv Buy: CMP TgT: 1600 SL: 1504
Date: 5th Sep, 2023 I am Bullish on Bajaj FinServ with below technical parameter. 1. Head & Shoulder Pattern. 2. Bullish Ingulfing 3. Fibonacci retracement from 50% and crossed 38.2% 4. Cross and Consolidate on EMA on 100 & 200. 5. Big Volume
This script attracted my attention on 21/08/2023 EOD basis. It seems to be a turnaround from the value area as marked in the chart drawing. AS it is almost 3% away from the value area, now onwards it will be interesting candidate for the study purpose for the movement towards the immediate target as shown in the chart drawing.
SUPPORT NOT BREAK DOWN TREAND LINE AND STAG SOME TIME SOME CONSOLODATION IS MUST BUT NOT BREAK TREANDLINE IF GOING ANY BREAKOUT ON UPPER SITE entry done and stoploss is big but i am wait one bulllish candle and stoploss is same candle low happy trading
Bajaj Finserv weekly chart in a narrowing range. Above 1660, we could see 1900, below 1220, 1050 could be possible. Which way will this breakout? ❤ & follow for more.
RSI divergence on 75 mins TF If it breaks & retests 1295 level on 15 mins TF, that would be the entry point.
the stock is trending upwards from long term... now price is reached the previous strong support...now acts as a resistance... yesterday a long rejection is observed from the same zone... on bottom we have seen, that a bullish gap left below... is this an exhaustion gap at resistance...price fall is going to happen. a strong move is observed from 1500 zone... If...
Bajaj finserv forming a triangle pattern I have spotted it bit earlier I don't know whether it will give a breakout or not but following a smart money concept and strategy risky swing traders can start accumulation of Bajaj finserv CMP 1618 looks like a bullish candle on monthly will close 12 day more for a bullish candle closing Just a view only Only for...