📈 Idea 📉
My Findings :-
1. Breakdown of Support Zone.
2. Breakdown of Head and Shoulder Pattern.
3. Close below Seven Month Low.
Bias- Short
Target- 7.95 and 5.75
SL- 11.55
RR- 1: 1.5
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision...
📈 Bharti Airtel 📉
It broke out from Resistance Zone after testing three times and it was inside a consolidation zone as well.
Yes, it has closed at high of Jan, Fab and March too. So I am biased on long side.
On Buy Side I am looking for initial Targets of 800 and 850.
StopLoss should be kept at 700.
It offers 1:2 Risk Reward.
All Important Supports and...
📈 TATA Communication 📉
This Stock Broke out from a consolidation zone of 1100-1200 of a month inside this range on upside with a strong green candle.
This can be a stock for long ride.
Bias - Long
Target - 1268, 1313, 1485 and 1558
SL - 1100
RR- 1:3
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look...
