Bharti Airtel — Long Term Investment View

 Bharti Airtel — Long Term Investment View

CMP: ₹1814

Action: Buy

Target: ₹2250 – ₹2400

Stop Loss: ₹1640

Potential Upside: 24% – 32%

Timeframe: 730 Days

Investment Rationale

Strong leadership position in telecom and 5G expansion

Rising ARPU growth improving profitability

Consistent subscriber additions in premium segment

Growth potential from broadband, enterprise, and digital services

Strong cash flow generation supports long-term expansion

Technical View

Primary trend remains bullish on long-term charts

Strong support zone near ₹1700–1740

Sustaining above ₹1800 may lead to fresh momentum towards higher levels

Risk Factors

High competition in telecom sector

Spectrum-related liabilities and capex pressure

Regulatory policy changes

Suitable for: Long-term investors seeking steady growth with relatively lower sector risk.

*SHREEJI FINANCE & INVESTMENT*

Bandhan Bank — Long Term Investment View

Bandhan Bank — Long Term Investment View

CMP: ₹206

Action: Buy

Target: ₹265 – ₹285

Stop Loss: ₹178

Potential Upside: 28% – 38%

Timeframe: 365 Days

Investment Rationale

Improving asset quality and recovery in microfinance segment

Strong retail banking expansion across India

Attractive valuation compared to private banking peers

Possible benefit from falling interest rate cycle and credit growth

Technical View

Strong support zone near ₹185–190

Medium-term trend turning positive above ₹205

Long-term breakout possible above ₹225 levels

Risk Factors

Microfinance sector volatility

RBI regulatory changes

Higher-than-expected NPAs

Suitable for: Long-term investors willing to handle moderate volatility.

*SHREEJI FINANCE & INVESTMENT*

NIFTY 50 Futures Analysis SELL ON RISE

 

NIFTY 50 Futures Analysis

CMP : 23,936.90

📉 Current Trend: Short-Term Bearish to Sideways Weak

Price is trading below short-term moving averages with lower highs formation visible. Selling pressure continues near 23,960–23,980 zone.

🔑 Key Levels

Immediate Support: 23,920

Major Support: 23,900

Resistance 1: 23,960

Resistance 2: 24,000 – 24,020

✅ Trade Setup (Sell on Rise Preferred)

Entry: 23,945 – 23,960 (Only if pullback comes)

🎯 Target 1: 23,915

🎯 Target 2: 23,900

🎯 Target 3: 23,870

🛑 Stop Loss: 24,015

📊 Probability: 62%

⚖️ Risk : Reward Ratio: Approx. 1 : 2.2

📌 Price Action View

Candles are respecting lower resistance zone.

Fibonacci 0.618 area near 23,925 is getting tested repeatedly.

Weak momentum bounce indicates sellers still active.

Breakdown below 23,920 can accelerate downside toward 23,900–23,870.

🚫 Important

Avoid aggressive buying unless price sustains above 24,000 with strong volume. Current structure favors cautious short trades rather than fresh longs.                                                                    *SHREEJI FINANCE& INVESTMENT*

CURRECY UPDATE 18/5/2026

 TODAY 18/5/2026 USDINR CMP96.2975 GBPINR CMP128.2235 EURINR 111.90

Nifty 50 Futures OVERVIEW 12/5/2026 10.50 A.M

 

Nifty 50 Futures CMP: 23,654

Trend: Short-Term Bearish to Sideways Price has broken below important short-term support and is trading near the 0.618 Fibonacci zone. Momentum indicators are weak and RSI is near oversold territory.

Key Support Levels Immediate Support: 23,500

Strong Support: 23,200–23,250

Major Breakdown Level: 23,000

Key Resistance Levels Immediate Resistance: 23,720

Major Resistance: 23,900

Strong Supply Zone: 24,250

Price Action View Recent lower highs and lower lows indicate bearish pressure.

Price rejected multiple times from 24,250–24,500 zone.

Current candles show panic selling near support area.

RSI weak below midline suggests momentum still negative.

However, oversold condition may trigger sharp pullback bounce.

Trade Setup SELL ON RISE (Preferred Setup) Entry Price: 23,700–23,740

Target 1: 23,500

Target 2: 23,250

Target 3: 23,050

Stop Loss Strict SL: 23,900

Risk–Reward Ratio Risk: ~160–180 points

Reward: ~250–450 points

Risk Reward: Approx. 1:1.8 to 1:2.5

Probability Downside Probability: 65–72%

Probability remains bearish while price stays below 23,900.

Alternate Bullish Setup Only if Nifty Futures sustains above 23,720–23,750 with strong volume:

Upside targets: 23,900 → 24,050

Below 23,500 again → bullish setup fails.

Trading Action ✅ Preferred strategy: Sell on rise

✅ Aggressive traders can book partial profits near 23,500 support

❌ Avoid fresh long positions at current CMP

❌ Breakdown below 23,500 can accelerate selling

Realistic View Current setup is not a strong long trade setup. Market structure favors cautious bearish/range trading unless Nifty quickly reclaims 23,750+.

👉 For fresh longs at CMP: NO TRADE until confirmation appears.

Bank Nifty Index OVERVIEW

 Bank Nifty Index (CMP ~55,800) 👇

📊 Trend & Structure Analysis Primary Trend: Sideways to weak

Pattern: V-shaped recovery → now lower high formation

Price Position: Testing trendline support + 20 EMA zone

👉 Market is in a make-or-break zone (bounce or breakdown)

📍 Key Support & Resistance 🔼 Resistance Zones: 56,800 – 57,000 → Strong supply (recent rejection)

57,200 – 57,500 → Breakout zone

58,000 → Positional resistance

🔽 Support Zones: 55,800 – 55,600 → Immediate support (current zone)

55,000 – 54,800 → Breakdown confirmation

53,500 – 53,000 → Strong demand zone

⚡ Pivot Levels (Approx) Pivot: 56,200

R1: 56,800

R2: 57,300

S1: 55,600

S2: 55,000

👉 Price trading below pivot → bearish bias

📉 RSI View (Estimated) RSI near 40–45

Below 50 → weak momentum

Not oversold → more downside possible

👉 Confirms sell-on-rise strategy

🎯 Trade Setups ❌ SELL SETUP (High Probability) Entry: 56,200 – 56,600

Stop Loss: 57,200

Target:

55,600 (T1)

55,000 (T2)

54,500 (T3)

👉 Probability: 70% 👉 Reason: Resistance + below pivot + weak RSI

✅ BUY SETUP (Only on Breakout) Entry: Above 57,000

Stop Loss: 56,300

Target:

57,500

58,000

👉 Probability: 55% 👉 Only if strong breakout with volume

⚡ Intraday Quick Levels Sell Below: 55,700 → Target 55,300 / 55,000

Buy Above: 56,900 → Target 57,200 / 57,500

🧠 Technical Conclusion ✔ Market showing distribution near resistance ✔ Repeated rejection near 57,000 ✔ RSI + Pivot both weak

👉 Best Strategy: ➡️ Sell on rise ➡️ Avoid mid-range trades ➡️ Wait for breakout or breakdown

📌 Pro Insight ⚠️ Current zone = Trap Zone (High Volatility)

👉 Big move only after:

🔼 Above 57,000 → Bullish breakout

🔽 Below 55,600 → Bearish continuation

NIFTY 50 FUTURE OVERVIEW

NIFTY 50 FUTURE   (current ~23,920 zone) based on structure, RSI behavior, and pivot logic:

📊 Trend & Structure Analysis Primary Trend: Sideways to mildly bearish

Pattern Visible: V-shaped recovery → now facing rejection near resistance

Price Position: Near 20 EMA (blue) and support trendline retest

👉 This is a decision zone (bounce or breakdown)

📍 Key Support & Resistance 🔼 Resistance: 24,200 – 24,300 → Strong supply zone (multiple rejections)

24,500 – 24,600 → Swing high resistance

🔽 Support: 23,900 – 23,800 → Immediate support (current zone)

23,600 → Breakdown confirmation level

23,300 – 23,200 → Strong demand zone

⚡ Pivot Levels (Approx) Pivot: 24,050

R1: 24,300

R2: 24,550

S1: 23,800

S2: 23,600

👉 Price is currently below pivot → bearish bias

📉 RSI View (Estimated) RSI hovering around 40–45

Below 50 → weak momentum

Not oversold yet → room for downside

👉 Confirms sell-on-rise bias

🎯 Trade Setups ❌ SELL SETUP (High Probability) Entry: 24,050 – 24,150 (pullback sell)

Stop Loss: 24,320

Target:

23,800 (T1)

23,600 (T2)

23,300 (T3)

👉 Probability: 70% 👉 Reason: Resistance rejection + below pivot + weak RSI

✅ BUY SETUP (Only on Confirmation) Entry: Above 24,300 (strong breakout)

Stop Loss: 24,050

Target:

24,500

24,650

👉 Probability: 55% 👉 Only if strong volume breakout

⚡ Intraday Quick Levels Sell Below: 23,850 → Target 23,700 / 23,600

Buy Above: 24,250 → Target 24,400 / 24,500

🧠 Technical Conclusion ✔ Market is in range-bound distribution phase ✔ Repeated rejection near 24,200–24,300 ✔ RSI + Pivot both showing weakness

👉 Best Strategy: ➡️ Sell on rise ➡️ Avoid buying in middle zone ➡️ Trade only at key levels

📌 Pro Trader Insight This zone is a trap area (whipsaw likely)

Big move only after:

🔼 Break above 24,300 (bullish)

🔽 Break below 23,800 (bearish)