BAJAJ FINANCE LTD
Panjang

BAJAJ FINANCE

119
📈 Trade Setup
Parameter Value
Entry 878
Stop Loss (SL) 860
Risk 18
Target 1016
Reward 138
Risk:Reward (RR) 7.7
Last High 978
Last Low 840

✅ Trade Interpretation
Entry at 878 sits inside Daily & Intraday Demand Zone (878–860) → good support.

Stop Loss at 860 is below demand zone → protects against breakdown.

Target 1016 is conservative and achievable based on previous price behavior and a breakout above the last high of 978.

RR of 7.7 is excellent—well above minimum acceptable trading standards (typically >2.0).

📌 Key Insights:
All MTFs indicate bullish trend and stacked demand zones.

Entry plan is logical with favorable risk-reward.

Ideal setup for swing trade or short-term positional if overall market sentiment is neutral to positive.

🔍 Multi-Timeframe (MTF) Analysis Overview
🔸 Higher Time Frame (HTF)
Trend: UP across Yearly, Half-Yearly, and Quarterly

Support Zones:

Yearly & Half-Yearly: 782–642 (Avg: 712)

Quarterly: 820–666 (Avg: 743)

HTF Avg Demand Zone: 795–650 (Avg: 722) → Strong Long-Term Support

🔸 Medium Time Frame (MTF)
Trend: UP across Monthly, Weekly, Daily

Demand Zones:

Monthly: 825–778 (Avg: 802)

Weekly: 892–846 (Avg: 869)

Daily: 878–860 (Avg: 869)

MTF Avg: 691 (This seems like a placeholder or a misentry since zones are in 800+ range)

🔸 Intraday Time Frame (ITF)
Trend: UP across 240M, 180M, 60M

Demand Zone (common): 878–860 (Avg: 869)

ITF Avg: 691 (Again, this value doesn't match the actual average; likely a placeholder)

Penafian

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