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Description on chart....
Description of analysis mentioned on chart with Targets.
REC LTD has broken resistance trend line and will move skywards ....
It seems to be moving in an upwards channel pattern. Support / Resistance marked on chart. Looks like it will touch the upper RESISTANCE LEVEL (LIGHT BLUE LINE) and fall back.
NSE:BHARTIARTL is falling sharply like whole market. And now the stock is standing near its very crucial support level of several years. Let's see what will happen.
levels mentioned in charts .. use brain ..
This is a highly volatile stock so risk averse traders can simply ignore this trade. Notes on the chart.
This chart is a nice case study on those interested in identifying support, resistance and breakouts. After a big breakout, price dribbled lower to seek support at the prior highs, that acted as support. Notice the drop in volume during the fall and the pick in volume last week. Interesting stock and I bought a few last week. Will add more on further rise.
1st day of week on Monday 2nd April Nifty 50index managed to open positive and witnessed sustain buying interest throughout the day. It managed to hold and surpass the Hurdle 10158 and headed towards 10220 levels. Bulls recovers with sustaining pulls up to the bears, It managed to hold above previous weeks’ close and formed a Bullish candle on the daily scale. Now...
-stock managed to break-out from its flag pattern on 19th dec -it also found new support @50-dma (700) -macd has shown positive crossover -rsi is shown momentum -it looks like we will test 730 before we enter oversold zone PLEASE LOOK IN THE CHART BEFORE INVESTING..... -