Bharti is at the foot point of a rounding top. More slippages below 399 can be very negative for the stock. Sell at 396. target at 385. Stop loss at 401.
Price took the support and reached the resistance as expected and rejected once again from the same levels ( 175 ) and reached 166, which is the previous support level. Risk takers can go for buy here with small stop.
Adhering the levels Buy at CMP Levels Target 1 2350 Target 2 2440 Stop Loss 2030
Bharti airtel will attempt to take a strong support around 414-415 levels. If the resistance is broken, then the down side could be huge and profitable. Sell below 414. Target at 388. Stop loss at 427.
if support zone breaks a fall will be possible.
major resistance and support zone if banknifty want to moves either in direction !
Major Support Level Break Down RSI was not above to cross above 60 Level Closing RSI Below 40 can increase the downside momentum Rising ADX Crossing above 20 and -DMI took support at 20 indicates that trend may take strength now Price Action = Formed Lower Swing High and Lower Swing Low Most Recent Swing high is very near to the Major Support Level
Bank Nifty heading towards strong resistance trendline. Important levels are mentioned on the chart.. Followups Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior at Battle field
Breakout from Channel Safe players can buy at 765 & above Can be bought if it Retests at the breakout levels Buy at 720/725 levels Stop Loss 650 Levels Target 765 Target 820 levels
NSE:NIFTY Let me know if you find this useful and if I should continue posting such ideas on daily basis for intraday/swing levels of stocks & indices? Take a look at the chart properly for detailed analysis, also please note that this idea is purely for educational purpose only, kindly do your own research before investing and trading or consult your...
Followup trade Levels mentioned on the chart Ex: Rising Wedge Awaiting breakdown of lower channel Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior at Battle field
1) MORNING STAR 2) Lower end of a channel 3) Horizontal support 4) RSI - oversold. TGT - 2070 SL - 1907
Price inside a channel and trading near to the channel support, if crosses 518 and closes strong then go long for the target of channel top.
Also, the Interest case is favoring banks which adds up extra confluence but trumps health issues can affect the analysis!!
After a clear down trend, a Doji has formed which is followed by a green candle. All this right at a major support level (yellow line). One can go long with a target of 1400 & SL just below the green candle on a closing basis.
IF THIS ZONE BREAKS BANKNIFTY WILL MOVE TO 26000