BAJAJ FINANCE

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BAJAJ FINANCEBAJAJ FINANCE LTDNSE:BAJFINANCEpradyammm📈 Trade Setup ParameterValue Entry878 Stop Loss (SL)860 Risk18 Target1016 Reward138 Risk:Reward (RR)7.7 Last High978 Last Low840 ✅ 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)