NIFTY50 LEVELNifty50 broken out long term trendline and retested the trendline supports 17700
it may take reversal from here for 18100 and after that for 18350 level or may break support and move towards 17350 level ,investers and traders can keep their eyes on these levels, niftyin uptrend and much above 200EMA.
only for educational purpose.
Sharemarket
Bharti Airtel again at break out level.Bharti Airtel at weekly BO level. Long once BO above the level of 735 on day end closing for the target price of 782 with SL 720. We can keep trailing SL. Very good momentum in the stock. Trading above 50 as well as 200 EMA level. RSI expecting to cross above 60. on monthly basis RSI has taken the support of 60 levels. This is for your education purpose only.
Bharat forge Trading ideaLook we have already posted & our target level of 750 is already done. Now the stock is re-testing the support area again. A very high probability that stock can bounce back between the levels 742-750. on any bullish candle of 1 hour good to go long for the target of 800++. This is for your education purpose only. We provide live education. Please add the stock to your watch list.
Vinati organics to take long entryCan take long entry in Vinati organics above the level of 2250 with BO candle above the resistance area. This stock is good for long-term investment too. Stock is very strong on all TFs. Currently at consolidate on the daily chart. High probability that the stock keeps the upcoming momentum. This is for your educational purpose only.
Amar Raja Battery to take long entryLong amar raja stock after the BO of resistance area shown in the charts @ 495 for the target price of 535-540 with SL of 480. RSI shows strength. Trade accordingly. Good risk to reward setup. This is for your educational purpose only.
AJMERA REALTY TO TAKE LONG ENTRYLong Ajmera Relaty to take long entry after the BO of Resistance area between 285-290 with the Target between 375-400 with the SL 250-255. stock is expected to cross 50 EMA as well as near the BO level. RSI is above 60 levels in the long-term chart monthly as well as weekly. so keep the stock in your watch list. This is for your education purpose only.
Ujjivan Fin servLong ujjivan Fin services only after the BO of Both TL marked on the charts. Long avove 180 Target 220-250 with SL 150. Good risk to reward trade. This is for your educational purpose only.
Equitas holding to take long entryLong Equitas share above the BO of Cup & handle pattern formation. Long Above 93 with SL of 89.50 for the target price of 101-105. Can trail SL once stock crosses the 100 benchmarks. All important levels are marked on the charts. This is for your educational purpose only.