Monday, May 30

Technicals on HDFC,Tata Coffee and Bharti Airtel

HDFC
HDFC has been taking support from its short term rising trendline(drawn in Red) around 635 Levels.Blue Line drawn shows a classic example of support becoming resistance.
MACD has generated a Buy and RSI showing posting divergence.
Buy above 663 Tgt 669,680 and 690
Sell below 635 Tgt 626,617 and 610


Bharti Airtel
Bharti Airtel has been trading in a small trading range from 363-375 from past 14 trading session as shown in above chart.
After every volatile moves comes sideways move and every sideways move Volatile moves follows
Same is applicable to Bharti in the …
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