I would like go long on Wednesday July 15 Market as its took and respected its support And sellers were not able to take down the stock further down, and 4 hour candle suggest good momentum and this type of hammer candlestick pattern one day time frame I always look for.
Bajaj finance trading in range market can expect price movement in upper side. Delivery is high near support area seems buyer will dominate tomorrow.
NSE:BAJFINANCE On 2H chart BAJFINANCE started to becoming weaker. Stock facing good resistance between the range of 3320-3420 while 3125 will be immediate Support for stock. On 2H chart if stock manage to breakout 3420 with good volume and candle closing near high it will open for fly for target of 4040. But if the stock breaksdown 3125 it will then likely to...
Bajaj finance :- Darvax box consolidation are peak levels, Rising Wedge pattern,, Bearish harmonic Shark pattern fomation, Bearish divergence on RSI indicator,, 50% Time and Price retracement,, Breaking below 3190 which is support as per darvas box and also trend line support of rising wedge pattern,, and sustain would lead to fast and furious fall,, for...
BajajFinance looks bullish on chart for target 3800.High volume on monthly charts and trading above 200 EMA. Positional trader can hold until 3100 is broken.
training for teacher and student. Just experimenting
Multiple rejection and now consolidation at support and Resistance level looks like according to me that it should retraced on Monday at its Fibonacci level & which is its support level also .
I think my previous count is wrong.... readjusting the count...
Today's peak - 3310 is motive wave of corrective wave, i guess. please wait for the entry. Let's see how the analysis will work
Golden cross on the daily a week away at least when the real moves begin , on the weekly this just got rejected from a minor resistance and the 50 day MA which now will be taken out pretty soon . Would love to pick this up around 2921 though 3030 is where i think it will test and bounce . 3123 is where fresh support has been formed so chance of it getting front...
Daily Chart. Support 3100-2900 Resistance 3440-3650 Stochastic Oscillator (20,5,5) -- Over Bought RSI (14) -- Over Bought Again in contact with upper line in Channel OBV Indications -- 1. 19/03 to 29/05 Price fell from 2610 to 1814 Volume Increased continuously 2. 02/06 to 07/07 Price rose sharply from 1851 to 3353 Volume fell. Therefore OBV...
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
CAN EXPECT BREAKOUT?.. IN BAJAJ FINANCE..
Bajaj Finance broke the consolidation zone tend to move upward. Buy with Target : 3157 - 3190 Stop loss : 2541