Bharti Airtel is at the major support level of 640-630. Fundamentally this stock is going to do good as per consumer wallet share in increasing with the increase in consumer. This fall the best buying opportunity for long term investor who believe internet will drive the world.
First target of airtel is 780. Once it crosses it sky is the limit for it.
Please refer chart for detailed explanation and Targets.
Fundamental and Technical Analysis
Increase in volume on weekly chart.
Highest sales and profit so far.
Good dividend history.
Good price to buy is between 120 -130.
Fundamentals are strong so no need to worry even if price goes down.
If you think my analysis is helpful than please do like my...
NSE's "END OF SEASON SALE" is here, don't get confused from end of season I mean that may be
this bearish season has came to an end, hence the shares are available at sale try to accumulate
the compounders in your portfolio.
What are the indications that suggest end of the season:-
1. India Inflation Rate: Inflation has formed triple top pattern with RSI...
Hikal Ltd., has a well diversified business portfolio and, is growing its revenue Y-O-Y since long period (excepting 2020 & 2021). Also, it is expected to post all time high revenue during FY 22.
OPM is also maintained at around 19-21% consistently over the years.
1. Negative Retracement Points: It has already corrected down to 61.8% of its...
1. Very Quality stock, and it has broken out from negative trendline with long green body candle and high volume.
2. RSI Crossover on daily basis
1. First Indian company to be granted the license to manufacture Insecticide Diron, similar to Japan (Data from screener)
2. Operating profit margin tripled from 2% in FY2020 to 6% in...
Support taken @200EMA which can be helpful for a strong Pullback.
#ATH is 1700++ and we have seen that MUTHOOTFIN is Fundamentally #STRONG thus it is Long #portfolio stock.
Happy Learning :))
NSE:BHARTIARTL has gotten BUY rating from 6 various brokers for 600+ target in last 2 months . The stock has shown a breakout with higher volumes . MACD is bullish. EMA20 is greater than EMA50 indicating in bullish trend. The RR Ratio is also greater than 4 , which is very favorable for the tread.
Keep an eye on Hindustan Petrol. Expected momentum is in upward direction.
Reason to Buy:
1) Forming a triangle pattern
2) Taking support on weekly as well as daily trend line.
3) Formation of 'W-Pattern' (wait for neck line break)
Stop-loss must be below the previous immediate swing. RR ratio must be calculated and traded accordingly.