FUTURE :
“BULLISH
BHARTIARTL ABOVE 397 TGT 405/415”
“BEARISH
BHARTIARTL BELOW 380 TGT 375/370”
DAILY CHATS
Daily
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
Levels
|
410
|
406
|
403
|
401
|
399
|
397
|
395
|
393
|
391
|
388
|
384
|
Weekly
|
R3
|
R2
|
R1
|
REVERSAL
|
BULL
|
LOC
|
BEAR
|
REVERSAL
|
S1
|
S2
|
S3
|
Levels
|
424
|
419
|
417
|
413
|
412
|
411
|
410
|
409
|
406
|
403
|
400
|
Overall trend of the stock is weak, it is accumulating at the lower levels and is sutaining below the falling trend line. It is likely to show recovery with the breakout of the trend line at the level of 397. Further the stock is trading with the RSI of 30, in near term buying opportunities can be seen in it. One may take long position in the stock above the level of 397 ,where longs can be covered at the levels of 410.
Simple Moving Averages
Days
|
BSE
|
NSE
|
30
|
422.73
|
422.95
|
50
|
421.23
|
421.46
|
150
|
394.27
|
394.39
|
200
|
389.69
|
389.79
|
No comments:
Post a Comment