BHARTI AIRTEL LTD
Long
Updated

Bharti Airtel - Long

Bharti Airtel looking strong at current level. After correcting from 540 levels it has formed base at 375 - 380. Currently stock has broken out of a falling wedge pattern and has also formed a downward channel pattern formation. One can go long here with Targets - 412/421/432/437. SL- 392
The stock can also possibly form a Head and Shoulder pattern.
Note
Target of 412 achieved with a gap up opening.
Note
Target 2 of 421 achieved.

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