In previous update suggested to sell below 325 which did not activate & bharti pushed again upside to new highs of 410.
In next few sessions, if bharti holds the zone of 397-402 -Takes rest means gets good support in the desired zone as mentioned & starts moving above 402 then likely we see a push upside which can extend to 425-430 zone which was updated in Jan 2017 earlier update shown as 410-430 zone.
Going above 453 - Bharti becomes extreme case or falling below 355-350 - troubles for bharti to come next.
Previous Update - Sell not activated below 325 - pushes to 410 Highs
Let us see if we get support in this zone as suggested above 397-402.
Gap up move for the day makes session email@example.com.. Moving above 402.30 next is what we will be eyeing here.
Last Session as expected 397-402 hold - it slight surpassed to 393-395 zone & opened gap up.
Did not sustain above 402 which we were looking for an upside trigger . In opening move high of 402.30 it is still intact.
We shall book profits which was initiated above 402 & take a pause for sometime.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ