CEAT breakout from the channel, looking to form Header and Shoulders pattern !!
Economy opening up, auto numbers coming out good. Looks to be back on its long run..!! Above 1020 a definite buy for long
Is it weak hands flushing or bharti is officially a bearish airtel now :(
Chart looking for formation of completion of handle/cup, Header/Shoulder.. Key levels to watch 400. Minor support at 420.
A bounce from here can make it move for good !!
A very good rally, and then an equally volatile correction. Looks like a support finally found, a triangle formation, support trend line, PIVOT channel multiple indicators suggesting some breather for bulls to regroup and be back in the game !!
Titan looks to be in the trending upward channel with near a resistance and can go down to 1096 and then bounce back.
A safe strategy to look for here in September series
Buy 1140 CE 1 lot
Sell 1200 CE 3 lot
Buy 1220 CE 1 lot
MTM SL here will be 1240 close on stock price !!