Airtel: Bobbing Up and Down Near Support

BHARTI AIRTEL Daily NSE Stock Chart Technical Analysis:


Airtel maintained its status above the 200 DMA today.

Close & CMP: 323

Market Outlook:

• The price seems to be moving upwards.  Let's see how far it goes.  If it goes up tomorrow as well and the other indicators are looking right, there might be an opportunity to take a long position.
• Airtel आज ऊपर गया है.  शुरुआत में भाव गिरा लेकिन उसे ३०४ पर लॉन्ग टर्म सुप्पोर्ट मिल गया, और फिर भाव वापिस अपने २०० DMA और ३१९ सुप्पोर्ट के ऊपर जा के बंध हुआ.

Technical Indicators:

• A piercing candlestick pattern has occurred.
• The 200 DMA and long term support levels at 319 and 304 are helping the stock price sustain.
• Today's rise is accompanied with high trading force.
• The momentum oscillators are showing an upward rise.
• There is hope that Airtel will make an upward correction.

All previous posts related to Bharti Airtel 


BHARTI AIRTEL Daily NSE Stock Chart Technical Analysis

ICRCL Infra: Upward Correction?

IVRCL INFRA Daily NSE Stock Chart Technical Analysis:


IVRCL Infra has been falling since July 2010 and has lost about 60% of its value since then.

Close & CMP: 75

Market Outlook:

• There is a chance that this stock price will finally show an upward correction.  If it manages to go above 87, that will be a positive sign.
• IVRCL जुलाई २०१० से करीब ६० प्रतिशत गिर चूका है.  आज का चार्ट यह उम्मीद जगा रहा है की शायद यह शेयर अब ऊपर की तरफ जायेगा.  अगर यह ८७ के ऊपर गया तो यह पोसिटिव सिग्नल है. 

Technical Indicators:

• The stock price has been falling since a very long time and a correction is overdue as the price is deeply oversold.
• The stock was hugely traded on the exchange today but the price movement is not much.  
• If it falls further, than falling below 71 is a bad sign.

All posts related to IVRCL


IVRCL INFRA Daily NSE Stock Chart Technical Analysis