Bharti Airtel is at a crucial resistance between 420 and 425 which it has rejected three times on the weekly chart. A possible double bottom could be forming which coincides with declining negative price momentum and the presence of an up trendline making this an area where the stock should find some substantial support. The RSI and MACD when analysed on the daily...
Bullish Bias RSI Divergence Looks Positive Can be Bought at CMP levels Immediate target 260/265 Previous Gap may act as resistance Stop loss 220/215
A channel, rsi, Bollinger bands show that Marico was oversold and reversal in the trend is beginning to show up. All the indicators are matching a perfect uptrend in price.
Just check it pls provide feedback how it looks to you.
could be long entry with SL below 895 PA to watch.
ALL LEVELS MENTIONED IN THE CHART
Bharti Airtel has taken support at the weekly trend line Reversal Candle formed on the weekly. Hidden bullish divergence . This happens when price makes a higher low and the oscillator makes a lower low. This is just for information/'learning purpose and should not be construed as a Buy call
Relative Strength is positive, stock was in consolidation. Great buy with low risk and high reward
don't know about company, but price could give good up move.
NSE:ITC Possible short term swing targets 201/203/205. (ALERT : AGM SCHEDULED ON FRIDAY)
NSE:DALBHARAT A break of 773 can confirm an upswing of targets 794/807/825 for short term
RSI Bullish Divergence in NAM INDIA : Once breakout above 275, It will go to 289, 300+ Levels SL 250 Risk is yours and Reward is too yours totally
Bearish flag + 61% retracement + overbought MACD = good R:R for shorts
NSE:ABBOTINDIA has retraced 61.8% of its rally. The stock gave a #Doji reversal confirmation 2 sessions back and moved to confirm the reversal of the downtrend. Currently the stock has moved up to its resistance level and and same can be seen from falling bullish volume. Tomorrow will be important to watch to see if it breaks the resistance or not? We expect the...
Nice and clear bullish divergence seen on IndusInd chart. It can provide a good upside move above 530. Please wait for confirmation on Monday before entering the trade as market sentiment may have changed by then.