Hi Traders,
This Stock has created a higher high and is trading well above the 50 SMA. We have the immediate support at 211.35 and 205.10 levels. The price can continue trending upwards after a pullback to these levels. We have the golden zone between 200.05 and 195 levels, If price respect the golden zone then the further upside of this stock is limited. You can...
Considering the divergence happened supposedly after the "C" Wave, cement the idea of getting a "Buy" chance. However, it is better to wait for a continuation pattern.
Hello guys!
Infratel seems to be forming an ascending triangle, and holding the strong trend line.
Price has been rejected at support 4 times as indicated with arrows in the chart.
It is now closing in on the top resistance, if broken / flipped will aim for new all time highs.
MACD and Stoch RSI support the bias.
THE PRICE NEAR THE STRONG RESISTANCE OF 242 , IF THE PRICE HOLDS THE TREND LINE AND CROSSES 242 AND SUSTAINS THERE WE CAN SEE THE PRICE TO RESTEST PREVCIOUS VPOC RETEST OF 247 , IF THE PRICE RESITANCE AND COME BELOW THE BREAKDOWN LEVEL WE CAN SEE RESTEST OF POC 226 AND THEN 220 , WITH OVERALL NIFTY TREND IT SEEMS STOCK WILL ATLEAST RETEST 242 LEVELS AND COME BACK...
BHARTI AIRTEL Now Looks bullish in Short time Frame.
I told you last post 520 and 530 is very Strong support Level in 30 minuts Chart Time Frame so retrace and Bounce back from exactly Support level.
and I opened call at 13/- ( 560 ) so achieved my Target and gave me 100% Returns within 2 Days.
now trading 562+ and 560 call price is 25+.
Still My Target is...
As you can see Arrow1 it can be a flag formation.
Condition for that flag formation is price should not break 294.05. Great Volume on Arrow3 may be suggest reversal trend or may be situation can be same as shown by Arrow2 .(Great volume = smart money generally)
For short sell around 276.70 (SL 281) , First Target 266 Second Target 250.......
This stock was in falling channel from 2015 before finally turning the trend after bottom in early this year, after price broke out of the falling channel of two years stock price started inverted H&S pattern. This week's closing candle closed above the neckline briefly and setting the target to 490 level to the upside from current level of 404 per share. This is...
