This is my personal viewpoint and I can be wrong but still I thought about sharing my view publicly. I won’t be responsible for any investment decisions.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn...
NSE:BAJAJ_AUTO Finally stock break resistance of trendline and goes to bullish territory, retracement of trendline also completed, now stock ready to upmove. If stock give closing on daily timeframe basis below trendline, take stoplossl and exit.
NSE:BAJAJ_AUTO
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
NSE:BAJAJ_AUTO
Previously the stock had a break out in weekly chart. Though its a late buy, the stock shows a bullish sign in weekly chart. The indicators, RSI, PSAR and volume shows a incremental sign. We have a target around 7200 with a margin of 40% in 6 months to one year.
Its a good stock to put it in basket.
Are you ready for a potential game-changer in your investment portfolio? Bajaj Auto (BAJAJ_AUTO) is currently displaying some compelling signs of a bullish trend that you won't want to miss.
Technical Analysis:
Candlestick Patterns: The 9-day chart for Bajaj Auto is adorned with the colours of optimism – blue candle and and green background . These bullish...
On the chart we can see a rising megaphone formation.
The price is still moving inside the pattern. Our strategy is to enter short at the upsloping resistance line.
The target would be at the upsloping support.
Invalidation of the thesis could be if the price closes above the upsloping resistance.
NSE:BAJAJ_AUTO
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and...
Bajaj Auto
1 hour : Price has tapped on Decisional supply zone.
watch for confirmation on 5 min timeframe and we can see short term downside momemtum.
Watch for an intraday opportunity..
Thank You....!
Bajaj Auto (NSE Ticker: BAJAJ_AUTO) is forming two back to back bearish patterns on the hourly chart.
First bearish pattern: Broadening formation
Second bearish pattern: Head & Shoulders
We see high probability of fall in price in the coming days toward measured move and 200SMA target of 4410.
BAJAJ AUTO : it's a good positional trade. we can hold for a long time. as stock is trading on ALL TIME HIGH. Also over all auto sector is giving good break out on a weekly timeframe.
👉Make or Break level
👉Price near the resistance Zone 4255--4360
👉If price respects resistance than good fall possible
👉If breaks resistance good move towards upside possible
👉Keep it on radar 👍
