UTI AMC IPO Analysis
UTI ASSET MANAGEMENT COMPANY LIMITED IPO ANALYSIS
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Bharti Airtel near Important Zone
Bharti Airtel Ltd - Chart Analysis Bharti Airtel near Important Zone (400-375) Daily Chart - If we see the daily chart, the stock is trading in ascending broadening wedge pattern from Nov 2018 to till date. Price is expecting to touch the trend line support near 400-410 range. If the price bounce by touching trend line support then we may expect the continuation of the pattern. And if the price break the 400 level the next demand zone may be 377- 360, 325-315 & 270-255. Weekly chart - If we see the weekly chart, the stock is trading in long term ascending broadening wedge pattern from Dec 2012 to till date. As per pattern price bounced multiple times from 260-250 demand zone. Also we see clear strong zone near 400-375 on chart. Regression Trend Channel (2SD) also shows Linear Regression Line point near 375. Price is already breaking 50 & 100 EMA and trading below it. Now the 200 EMA is 402.55 which may act as good support. NOTE - This is just my observation and not any
Demand Zones of 50 Stock's
Demand Zones of 50 Stock's NOTE: - The Demand Zone given above is just indicative and just for educational reference purpose only. The given zone may be 100% wrong. The zones are manually observed from weekly and/or monthly charts. These are not any buy or sell recommendations. This post is purely for your education purpose only. The zones given may be different from other person analysis. So do your own study/analysis or consult your adviser before taking any trade decision. DISCLAIMER: - I AM NOT SEBI REGISTERED ANALYST. DO YOUR OWN ANALYSIS BEFORE TAKING ANY TRADE OR CONSULT YOUR ADVISER BEFORE TAKING ANY TRADE. THIS DATA IS ONLY FOR EDUCATIONAL PURPOSE. SHARE MARKET IS SUBJECT TO MARKET RISK. I AM NOT RESPONSIBLE FOR YOUR ANY LOSS OR PROFIT. Link to Join Telegram channel - https://t.me/chartworldat