BNF Heading towards resistance If first resistance breaks then it will rally towards second resistance. if it goes down, there is strong support at the levels mentioned in the chart.
Can go long on ITC, it has created higher highs and lower highs for a good time. now it is coming towards the support zone. if it sustains the 173-176 zone and shows any reversal, can go long till it reaches the targets mentioned in the chart. (educational purpose)
Rallis heading towards support at 245, once it bounces back can take long position till 276, if it breaks the support go short till 222-220.
"Educational Purpose" :)
Biocon formed reverse hammer at resistance in 1hr chart, Can go long on Biocon till 410 if it breaks the resistance, else can go short till T1-387, T2-382. (Educational Purpose)
Airtel is creating higher highs and lower highs for almost one month, if it breaks the resistance zone it might head towards 600. Else, it will start coming down towards the support line drawn in the chart. ( This analysis is only Education purpose only, please trade using your own analysis)
