Bharti Airtel - ShortFacing Resistance
1. Trendline resistance - 780
2. Bollinger Bands - 781
Risk traders can short at CMP with a SL of 785
Waiting for a confirmation on 07th April 2022.
Bollingersband
Breakout In Alembic PharmaDisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing.
There is a fresh Breakout generated in Alembic pharma. With double bottom pattern. And looking good above 990.
Next levels as below :-
Upside levels :-1037 --- 1084 ---1144
Support levels is around 970.
Thank you !!😊
$1000 fakeout!In the 45min(scalping group), price action bounced down from the basis(the green dotted) indicating a fakeout. I think it will bounce down until 27K possibly 24k(basis in the weekly timeframe) and form a new trading range. I cannot comment on whether it may bounce up on resume downward motion, but I'd say the odds are that we go down.
Note: if we go down below 28K, the weekly would form a gravestone doji scaring a tonne of people who just go by candlestick patterns.
I'm using "Bollinger Bands Fibonacci ratios" by Shizaru available in the public library, you may use Bollinger bands(bad ass) by WyckOffMode too and I recommend you watch his videos(I personally consider him as my online mentor)
