The chart represents the 4-hour price movement of Bharti Airtel Ltd. on the NSE. Here is an analysis and summary: Analysis: 1. Price Trend: The price has been making higher highs, indicating an upward trend. 2. Volume: The volume is relatively low despite the price making higher highs, suggesting potential weakness in the current uptrend. 3. Divergence Pattern:...
This stock is now moving in a bearish channel. now its time to look for bullish view... price is now entering in a demand area..on topside we are facing with trendline as resistance... Enter long side from the demand zone areas...wait for the price to tap into these demand areas for long continuation. Rally base rally may be happens in this stock for continuation.
Observations:: NSE:BHARTIARTL the stock is trending upwards. the price is broken the previous resistance @790-795 range. after breaking resistance price is slowly moving towards next resistance. we have a trendline support as well. The previous resistance acts as support, price will move upwards again. we have next resistance@820-825 range. Price may...
The indicators used on this chart suggests that BHARTIARTL will probably reverse after a strong bullish movement. - MACD gives us a short signal - ADX is 45.59 and after period of extended uptrend it seems that it curved down what may suggest a trend reversal which we can observe with current price action We should wait for the price to break the support and...