Channel Discussion:Strong Reversal pointBharti Airtel NSE:BHARTIARTL on channel support,
Strong reversal possible, keep SL at 380 .
Intraday and positional trade can be taken.
Risk-averse traders, long above Friday high.
Telecom
IDEA1) Triple bottom
2) IDEA VODAFONE merger completed
3) RSI divergence
4) Bollinger band squeeze-- whats next ? When will merger reflect in shareholding?
My PredictiveEngine's Intraday call(30-May-18)-BHARTIARTL-LongBased on my PredictiveSystem's signals, its going to be a GREEN candle on 30-May-2018 for BHARTIARTL
Buy Above: 380.1 for targets -
T1: 383
T2: 384.7
T3: 386.4
SL: 377.1
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(09-Apr) - BHARTIARTL - ShortBased on my PredictiveSystem's signals, tomorrow (09-Apr) its going to be a RED candle for NSE:BHARTIARTL
Sell below: 384
Target-1: 381.5
Target-2: 379.4
Target-3: 377.6
Stop loss: 387.3
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
reliance , for next couple of days ! will like to go long in reliance for targets of 1027 ! still a good upside i see in the stock but keeping a stoploss @ 949...
IDEA - LONG - SHORT TERMThe RSI is placed at 37. It is bounced back from 31 levels and showing some strength.The 200 DMA is Acting as Resistant. Stock has Tried to Break the 200 DMA Resistance few days back and Failed to Break it. It is going to Test the 200 DMA as the RSI is indicating a Support at 37 which is bounced back from 31 levels. So one Can Initiate LONG on IDEA at CMP for a Target of 89.45 With a Stop loss Placed at 82.9.
TATA COMMUNICATIONS "D" Level done. Price action (Bearish engulfing & Doji at 770/760 levels) suggests bull rally may be over. Seems short below 727 ( 1.414 Extension of Fibo) for the target of 695/625 with the stop loss 757. Time frame 12 to 16 days.
Airtel ABCD PatternThough price not made to D level, Bearish candle near 336 dragged price below 61.8% of fibo.
RCOM Breaking out Trendline (Intraday Buy)Targeting retracement level of 61.8 which also previous support level at 51.46. Stop Loss 49.50. It is also been observed that now the price action is trading above the 20 SMA, shows bullish signs.
