Long can be initiated at CMP with SL of 1184. Weekly support is there and probability of bounce from here is more
VCP formation is going on in weekly chart. Good rally can be seen once 33 level is crossed. Pilot position on assumption of breakout can be taken at CMP with SL of weekly low
It near support zone. Long can be initiated at CMP with SL below 485
Once trendline is broken it can give good up move. Here SL should be kept more as its a smallcap company. SL can be kept below 23
Monthly close above the trendline will make midcaps more bullish than before.
3IB pattern is there in Bharti Airtel. Volume has also shrink with price movements. So it may be possible that supply is over and next move may come soon. Long can be initiated above last week high
The stock has given reversal candle in latest week. Long can be initiated once it is crossing last week high.
Long can be initiated if close is above yesterday's high with SL of yesterday low. On chart it seems that trend is towards downside but on other side of table it may be trying to flush out weak hands. It has broken previous support and close below that also and now it is coming up again.. it may be a bear trap..
FMCG has turned positive which shows that in short term there is pain in market and clear defensive mode is on.
It is make or break level for time being atleast. If weekly close is below the trendline then it may confirm the reversal of trend for near future