Bharti Airtel CHOLA Finance and GMR Airport Swing Levels – Bramesh’s Technical Analysis
Bharti Airtel
Positional Outlook: The stock showed a reversal pattern after closing above 1850
- Bullish Scenario: If the price gives a confirmed close above 1850, it triggers a fresh breakout, potentially opening room for an upside rally towards 1888 and 1925.
Intraday Key Levels: The price is currently consolidating. Watch these pivot points for direction:
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Strength (Upside): A sustained move above 1850 indicates bullish momentum. If this holds, the next resistance levels to watch are 1865, 1888 and 1900.
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Weakness (Downside): Selling pressure typically intensifies below 1830 . A breakdown here could see the price test lower supports at 1818, 1802 or 1791.
GMR AIRPORT
Positional Outlook: The stock showed a reversal pattern once closing above Gann Level of 97.5
- Bullish Scenario: If the price gives a confirmed close above 97.5, it triggers a fresh breakout, potentially opening room for an upside rally towards 100 and 102.5.
Intraday Key Levels: The price is currently consolidating. Watch these pivot points for direction:
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Strength (Upside): A sustained move above 97.5 indicates bullish momentum. If this holds, the next resistance levels to watch are 99 100.5 and 102.5.
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Weakness (Downside): Selling pressure typically intensifies below 96 . A breakdown here could see the price test lower supports at 95, 94 and 93.
CHOLA FINANCE
Positional Outlook: The stock showed a reversal pattern once closing above Octave Point 1570
- Bullish Scenario: If the price gives a confirmed close above 1570 , it triggers a fresh breakout, potentially opening room for an upside rally towards 1600 and 1631.
Intraday Key Levels: The price is currently consolidating. Watch these pivot points for direction:
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Strength (Upside): A sustained move above 1570 indicates bullish momentum. If this holds, the next resistance levels to watch are 1585 , 1600 and 1616.
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Weakness (Downside): Selling pressure typically intensifies below 1550 . A breakdown here could see the price test lower supports at 1535 1520 or 1505 .
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All prices relate to the NSE Spot/Cash Market
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Calls are based on the previous trading day’s price activity.
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Intraday call is valid for the next trading session only unless otherwise mentioned.
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Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.
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Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.
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