India Cement turned bearish in 2008 during the market fall. Then it was bullish from 2016 to 2017 and again turned bearish during the Pandemic. Today, after almost 14 years it closed above 255. We can look for an immediate target of 300 and then 50 & 61.8% fib extension.
GSPL looks like gaining momentum to the upside with high volume. After forming the top at 378 in August 2021, GSPL changed the trend to bearishness. In June 2022, it touched the low of 210 then, it changed the direction for an up move (with higher high & higher low). Now, it is about to break the last 1 year trendline.
Bharti Airtel is consolidating from last September 2021, between 630 to 780. Volume and a good percentage of delivery in the last few days indicate a high probability of breakout. If it Breaks, we can look for an immediate target of 800 followed by 815 (as per fib extension).
