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HOW TO TRADE : Bharti Airtel, Bharat Forge and Just Dial

 




Bharat Forge ; 

Stock is in uptrend and moving high continuously but on daily as well as hourly chart its easily visible that a double top pattern has formed around 825 and it's hard for stock to move further till this resistance is crossed with volume. Shorts can be initiated with stoploss above 830. support for stock exists near 790-780.






Bharti Airtel : Trade long if sustains above 537, next major resistance is around 550-55, once crossed, we expect stock to show sharp rally of 10 to 15%. Stoploss can be placed at 518.




Just Dial : Stock is trading near trendline resistance, further an Inverted Head and Shoulder pattern is also visible on daily chart, so, wait and watch and if sustains above 1125 add for 1210-1300-1400 in coming weeks.