BAJAJ AUTO - NEAR IMP SUPPORT LEVELSBajaj Auto has reached imp support levels, if held we might see a good bounce in the stock.
Harmonic Support, Price action support, and 200-day moving average support all converge near the 3300 levels.
BAJAJ_AUTO trade ideas
BAJAJ AUTO - LONG TERM VIEW 1 MONTH - 4 MONTHIt's always better to wait for a clear break out of any structure.
Self-explanatory chart.
For day trading - can use the channel to trade.
double topshort reasons:-
1 double top
2 rsi divergence
3 decrease in vol. of 2nd top.
4 resistance area(1hr chart)
Bajaj Auto - Channel BreakBajaj Auto seems to have broken the downward channel after consolidation and with decent volumes. R:R is favourable above 3700, with SL on 3550 CLBS or 3500 Spot.
BAJAJ AUTOBAJAJAUTO has formed a double bottom pattern at a support zone.
If it breaks the trendline with a significant volume, we can soon see an upmove.
(for educational purpose only)
BAJAJ AUTO - Flag Pattern TradeThe stock saw a good up move of approx 500 points i.e from 3450 levels to 3966 levels.
From the Past 8 Trading sessions stock has been moving in a range of approx 200 points.
Now there are two types of trades, that can take place
Support Trade :
Pros - good risk-reward ratio 😀
Cons - might get stuck in sideways move for a while, i.e it can test your patience.😌
Breakout Trade:
Pros: Immediate fast move.😍 i.e means immediate return, no patience-testing.
Cons: Low-risk reward ratio, fakeout can happen🤨
Buy Bajaj Auto for the target of 4000 and 4150Bajaj auto broken major support line in 3h.Also MA 20 and 50 cross over confirms uptrend. Buy with sl 3400 targets are 4000,4150
BAJAJAUTO retracment and strong bullish patternStock shown bullish pattern at 61.8% retracement. good to go with good targets
Bajaj auto trendline breakout buyBajaj auto trend line breakout buy. Target and stop mentioned in chart.
Educational purpose only.
long opportunity on bajaj auto Long opportunity on bajaj auto-
Reasons-
1)trendline support
2)fibonoci 61.8 support
3)flag pattern breakout
4)double bottom formation with rsi divergence
Bajaj Auto break major resistance level,Bajaj Auto break major resistance level 3694 and its zoom upto 3940 in a very fast way
Bajaj Auto viewsAs described in chart drawing, I am publishing my personal views not for investment advise or trading purpose.
Bajaj Auto To Show Big MomentBajaj Auto Has Maximum Call Open Interest on 3900.
Somewhat near to 3900 it will move And retrace back to 3850.
Hope for good.
Also expecting Repro India to show positive results on 12th March 2021.
Please comment if you feel on any stock to do well on 12th or any questions .
BAJAJ_AUTO ready to breakout !? Go longBAJAJ_AUTO , price is pushing to apex and finding good support at Fibonacci level 0.786. Go long
"NSE:BAJAJ_AUTO" - "SELL" signal 15 min Chart (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "NSE:BAJAJ_AUTO".
-"NSE:BAJAJ_AUTO" 15 min Chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min Chart of "NSE:BAJAJ_AUTO" .It means "NSE:BAJAJ_AUTO" can go down.
-Solved Signal 1 uses "NSE:BAJAJ_AUTO" Price data for Solving the Market(See description of Indicator).
-Like and Comment NSE:NIFTY ent. NSE:BAJAJ_AUTO n BSE:SENSEX
