CMP-800
Target - 820
Just at Golden Crossover
Timeframe - Daily
MACD + Positive Crossover- in above zero line
Stochastic RSI - Uptick
RSI - 59+
MACD in weekly & Monthly timeframe- an uptick
All in All Bullish
Bharti is at its 3rd wave formation.
The current market price is 728 and has shown a breakout. Considering 1.61 times of 1st wave, it may touch a target of 772 .
Presently ICICI bank forming a Parallel Channel, considering Hourly time frame, and is at the bottom of the channel.
The RSI is Showing a "Bullish Diversion"
MACD is showing Up - Tick in Higher timeframe, Daily and Weekly as well.
First target comes to 650/-
Second Target - 730/- (Considering F&P Formation)