ritik_patel

BHARTIARTL AT RESISTANCE 1HR

Long
NSE:BHARTIARTL   BHARTI AIRTEL LTD
BHARTIARTL is at it's resistance for the 3rd time, the first time sellers took it till 400, the second time it came around 460, now it is the third time that BHARTIARTL is at resistance. It has been halting there for some time now & is accumulating buyers. There is a high possibility that it will break the resistance in coming trading sessions and can be a good trade for intraday as well as short term. There can also be a chance of minor correction but it will not be a deep correction and there are high possibilities of breakout with good volumes. You can enter the trade in 1hr or 30min or 15min timeframe whichever you are comfortable with after the price crosses the high of the breakout candle. Thankyou!