BHARTI AIRTEL LTD

Daily Chart

• Stock is standing at its 61.8% retracement of its previous rally from 281.9 - 345.5.
• Stock is standing on its uptrendline support at 306, which is also 61.8 %  retracement of its previous rally.
• Stock may face resistance at 314.
• Stock is trading under 30 day moving average and average is also curving over.
• 60 day moving average is turning flat.
• Stock had made new low continuously in every trading session from  past 7 trading sessions, however today's session , it does'nt tested yesterday's low, but the closing came under the yesterday's closing.
• OBV is also declining.
• RSI is turning down.
• Stochastic is under reading of 20, signalling weakness.
• MACD is also turning down plus MACD bars are rising on the downside, 
• Stock levels on the upside - 314, 318.
• Stock levels on the downside - 306, 299.