BAJAJ FINANCEBajaj Finance LimitedNSE:BAJFINANCEpradyammmBajaj Finance — Updated Trade Assessment Overall: 🟢 STRONG BUY SETUP | 8.8/10 The revised entry improves the trade materially. Moving Entry-2 to ₹1,020 brings the average entry down from ₹1,042 to ₹1,037, reducing risk while keeping the same target structure. 1. Trade Structure Entry 1: ₹1,053 Entry 2: ₹1,020 Average Entry: ₹1,037 SL: ₹1,001 Risk: ₹36/share → 3.47% Target: ₹1,329 Reward: ₹292/share → 28.2% Gross RR: 8.11:1 Net RR: 7.07:1 Position Target: ₹1,304 Final Target: ₹1,329 2. Why the Setup Is Strong Multi-timeframe trend is completely aligned UP: HTF → UP Yearly / Half-Yearly support around ₹680–₹820 MTF → UP Monthly: ₹860–₹1,011 Weekly: ₹994–₹1,053 Daily: ₹1,001–₹1,030 ITF → UP 240M / 180M / 60M all independently identify ₹1,001–₹1,020 as demand. This is the key point: ₹1,001–₹1,020 is a highly concentrated demand zone across Daily + ITF. 3. Entry Quality Your revised plan is better: ₹1,053 → Entry-1 ₹1,020 → Entry-2 ₹1,037 → Average This gives you a pullback-entry strategy rather than chasing price. I particularly like ₹1,020 because it sits directly inside the common ITF demand zone. 4. Risk / Reward At average entry ₹1,037: Risk to SL = ₹36 Reward to ₹1,329 = ₹292 Gross RR = 8.1:1 After brokerage/taxes: Net profit = ₹1.148 Mn Net loss = ₹162,323 Net RR = 7.07:1 After estimated 4-month financing interest: Interest = ₹92,457 Final net profit = ₹1.055 Mn Your ₹1.055 Mn final net profit calculation is broadly consistent with the assumptions provided. 5. Critical Price Levels ₹1,329 — Final Target ⬆️ ₹1,304 — Position Target ⬆️ ₹1,176 — Major Resistance / First Booking Zone ⬆️ ₹1,053 — Entry-1 ⬇️ ₹1,020 — Entry-2 / Strong Demand ⬇️ ₹1,001 — SL / Trade Invalidation 6. Trade Management I would manage it in 3 stages: Stage 1 — Entry ₹1,053 initial position ₹1,020 on pullback Average around ₹1,037 Stage 2 — ₹1,176 This is the key hurdle because it is the recent high. Don't automatically exit everything here. Consider partial profit booking / protect capital if momentum weakens. Stage 3 — ₹1,304 → ₹1,329 ₹1,304 is the first major objective. ₹1,329 is the final target. ⚠️ One Important Observation Your table says RR = 8.2. Using the actual numbers: ₹292 ÷ ₹36 = 8.11 So the mathematically correct gross RR is 8.11:1, which can be rounded to 8.1, not 8.2. Your Net RR of 7.07 is correct based on: ₹1,147,677 ÷ ₹162,323 ≈ 7.07 Final Verdict 🟢 TRADE QUALITY: VERY STRONG Trend: ⭐⭐⭐⭐⭐ Demand Confluence: ⭐⭐⭐⭐⭐ Entry Quality: ⭐⭐⭐⭐⭐ RR: ⭐⭐⭐⭐⭐ Risk: ⭐⭐⭐⭐☆ Leverage Risk: ⭐⭐⭐☆☆ My preferred plan: Buy ₹1,020–₹1,053 → Average ~₹1,037 → SL ₹1,001 → Position Target ₹1,304 → Final ₹1,329 The major advantage of this revision is that your entry has moved closer to the strongest demand zone while the target remains almost unchanged. That materially improves the trade asymmetry. Invalidation is simple: below ₹1,001, exit.