The 9 day EMA in Bharti Airtel is about to cross the 20 day EMA. If it does tomorrow it would be a good short term call. There could be a hurdle at 459-465 which once it crosses it should give us at least 485.
This is not my recommendation and just an analysis from me. Please consult your advisor before you make any investment.
The trend line looks to be set and Galaxy Surfactants looks ready to make an upmove. It may even converge to a smaller triangle but the next 2-3 weeks it should give an upmove of 10-15% in the range of 1800 to 1875.
The trend is an uptrend so we are also going in line with the trend. Trend is My Friend :)
Please note that this is my analysis and not a...
DOWNTREND is started,it will make three waves, 2 waves up & medial wave down as a correction !
Then it has chances to follow the down trend!
This analysis is for EDUCATIONAL & INTELLIGENCE pourpose,trade at your own risk!
The script lost close to 50 percent of its price from the beginning of this year. After falling near to 250 levels prices have been consolidating with an upward bias. If the upper end of the current consolidation range is broken the prices can test 340-360 on the upside. However it remains to be seen whether the prices will be able to close above these levels...
I think that we have more up to go for in the coming days/weeks and to extend a bit following the Q1 earning call on 29/04 however all these gaps down could see a closing in the coming months with the Q2 numbers and the depression hitting for a second wave.
Let's be realistic, printing money won't play the part for much longer, bankruptcies everywhere are...
Overshot 0.618 fib plus hit the lowest of 2020.
GF1 Nevada being classified "Essential" , GF2 NY reaching 1000 roofs production per week, Model Y deliveries starting, 1,000,000 vehicules which translate in over 105k production in Q1... a lot of good news in the past few days!
As usual I don't know what I'm doing.