Charts

Charts of the day – 16th Feb, 2018

by Elearnmarkets on Charts, Market Analysis
  • 3
  •  
  •  
  •  
  •  
  •  
  •  
    3
    Shares

Ashok Leyland chart
Ashok Leyland is returning back from its resistance zone, a red candle with little shadow on top showcasing heavy sell off. RSI has a negative divergence in the chart while Stochastic is about to exit from its Overbought zone.
(not a reco to buy/sell/ hold)

BPCL Chart

Bharat Petroleum is trading at its previous support zone. The stock gave a gap up opening today but unable to break the 20EMA line. RSI has a positive divergence but volume is not being so supportive.
(not a reco to buy/sell/ hold)

Bharti Airtel Ltd chart

The underlying short term trend of Bharti Airtel is down, the stock trading at its previous support zone in its 1week chart. The Stochastic is below its oversold level.
(not a reco to buy/sell/ hold)

ITC Ltd chart

ITC is trading at a strong support level. In its monthly chart the stock has made an inverted hammer pattern while Stochastic is about to enter in its Oversold level.
(not a reco to buy/sell/ hold)


  • 3
  •  
  •  
  •  
  •  
  •  
  •  
    3
    Shares

Disclaimer

Elearnmarkets.com wants to remind you that all our content is created solely for the purpose of education. No strategy, stock, commodity, fund or any other security discussed here is any way a recommendation for trading or investing. Elearnmarkets.com will not be any way responsible for trading losses incurred by any individual or entity for trading with real money. Please take advise of certified financial advisers before trading or investing.

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.