Bharti Airtel - TRend Line Support

On weekly chart, Bharti has a solid support of trend line @ 325.

Watch out for a bounce from this level. Stop loss below trend line is must for the trade.

Disclosure : I have positions in this stock for myself/ associates.

Please read Disclaimer on this blog.

Rpower - Fibonacci ratio

Rpower has good support @ 160 & can bounce back from here. It has already taken support twice in this region. Lets watch .

Kindly refer Disclaimer mentioned in this blog.

Disclosure : I/ Associate has positions in this stock in cash & derivative segment.

POWERGRID - Triangle breakout

Powergrid(109.50) has formed triangle on a daily chart. A break above 113 can target Rs.126 -128 level.

Also it has formed Candle stick Hammer, indicating a temporary bottom. A green candle tomm. can confirm this move. Stop below todays low is must in this volatile market.

Disclosure : Its safe to assume I/ Associate has positions in the above mentioned stock.

Disclaimer : Please read it mentioned elsewhere in this blog.

RPOWER - Positive divergence

On daily chart, RPOWER(163) has positive divergence with RSI has shown in above chart.

Looks good for the target of 182. Stop loss of 156 is must.

163 is a good Fibonacci support.

Disclsoure : I/ Associates have position in above stock in cash as well as Derivative segment.

please go through the disclaimer mentioned in the blog.