Rs 300,000 Cr Mcap Both the non JIO players have returned -8% this year. Interesting Wave like stock chart pattern. With literally no pricing power and huge Capex every decade, wonder when will this industry make any decent profits. Rs 520 seem to be holding the Fort, once that gives away...its will be a lost signal.
it has been observed that It is making the clear handle and cup the formation, this is the demand zone of the stock. that gives us a good upside of 15%-20%.
Outlook on vodafone idea can long with 7.80 cl basis sl
Bharti airtel is very strong on the charts its give breakout today from a long correction of 2 months. I think the momentum on Bharti can give 10% to 15% upside in the near time.
Stock has formed a symmetrical triangle on Daily TF and has been moving around its support zone from a long time. Wait for stock to break 538 for targets of 550, 559 and 586 On the contrary if stock breaks 514 on the lower side then target of 500 can be seen in 1-2 sessions only P.S. This trade can take few days to trigger however the movement can be very fast,...
Stop Loss 524, Target 533, 536 for Intraday. Stock has broken trendline and looks good to touch the resistance zone of 535-536. Go long for tomorrow if opens flat or small gap up. P.S. If stock opens huge gap up kindly ignore the trade as set up will be ruined
daily close @ 200 ema if no bounce back then take targets as 508 - 480 tomorrow if candle closes above 200ema then no short carrying forward old view below for reference
BHARTIAIRTEL seems to have entered a symmetrical triangle formation. Might breakout. PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. Please do share your views, I am still learning.
Bharti Airtel can see 560 levels in next two to three sessions. Can be shorted for a target of 563 with SL of 607 from current levels 585
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.
stock is showing weakness probably because consensus view
The stock is forming a wedge pattern, indicating a halt. lets wait till a market tells us where is it headed ?? Buy/Sell only when price clearly crossed the level. Beware of false breakouts. Let the candle close outside of the wedge and let the volume be above the average. This helps to minimize the possibility of false breakout This is not a recommendation, Its...
Infratel Intraday The stock looks weak below 200. Short below 199 Target - 197, 195 Stop Loss - 201 Note - Market are looking bullish tomorrow, So becareful while shoring. Go with trailling SL.
Look at the charts and make an informed decision. thank you happy trading Beware of risk involved in stock market and this is for educational purpose only.
After a long consolidation, stock is expected to move now. It has potential create a new high this time
Gorgeous price action with an ascending triangle waiting to BO on the upside.