Falling nearly 10% yesterday, the stock is exhibiting some fight back by gaining 5% (at the time of posting). The bounce was helped by demand zone between 3360 & 3375 where we could also observe 50 SMA level. That justifies the bounce technically. Currently the gain has run in to level where it appears to shown some loss of momentum partly because of the...
Bharti Airtel has been on a good run recently. Technically, it's trading along a rising channel. The current price i.e. closing price on 4th Jul of around 362 has run the stock in to a strong resistance area spread between 360 and 365. For the recent bull trend to sustain, a break in closing basis above that resistance area is critical.
From technical stand...
these are a very trust worthy combination of MOVING AVERAGES for the ACTION TRADING in shorter time mostly for intraday,
The stock is also crossed the 50 Simple moving average
A good shortsell oportunity to take action on .
Minimum Potential shown by the Price Action. Implied Volatility has declined which makes a good return in Options trade.
A good 3-4 days positional trade with an entry point of 1480 and stop loss of 1500.NSE:KOTAKBANKKo
EUR/USD has made a trend reversal in the near-term making higher highs consistently.
A trendline connecting the higher highs can be marked as well.
The pair is currently hovering above the trendline and the MACD indicator is just keeping its head above the water.
The pressure on the Fed to cut interest rates is mounting and is set to support the bulls as...