(BHARTIARTL), you can follow this structured approach:
Support Levels Recent Lows: Identify significant low points over the past few weeks or months. For example, if BHARTIARTL recently dipped to around ₹700, that could serve as a support level. Moving Averages: Check the 50-day and 200-day moving averages, as these can act as dynamic support levels. Previous Support Areas: Historical price levels where the stock has previously bounced back can also indicate potential support. Resistance Levels Recent Highs: Determine the highest points in recent trading sessions. If BHARTIARTL peaked at around ₹800, that could serve as a resistance level. Trend Lines: Draw trend lines connecting recent highs to visualize potential resistance. Psychological Levels: Round numbers like ₹750 or ₹850 often act as resistance. Example Analysis (Hypothetical) Support Level: ₹700 (recent low) Resistance Level: ₹800 (recent high)
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Hello Everyone! 👋
Feel free to ask any questions. I'm here to help!
Details:
Contact : +91 7678446896
Email: skytradingmod@gmail.com
WhatsApp: wa.me/7678446896 Get Premium Membership for Trades with Over 80% Accuracy & Learn Profitable St
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.