Trendline Breach: The stock has breached the rising trendline, and can be seen as an ideal short candidate. Refer chart below:
The stock has closed at 325, below its 55 EMA @ 327.01, with EMA 5 @ 326 & EMA 13 @ 325. The next immediate EMA support is at EMA 34 @ 321.78. The stock is still weak since it is below its 89 day SMA. On weekly basis, the stock is below its 13 Week EMA which stands at 328, while all other EMAs are stacks between 350 to 365. The 5 week EMA is now at 322.53.
Bhart Artl : Chart 1
Bhartiartl : Chart 2 : HnS possible
STCINDIA: Chart 3 : Rectangle BO / Flag / Inv HnS