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KING999
May 13, 2020 1:41 PM

double top on bharti airtel daily chart now what next ? 

BHARTI AIRTEL LTDNSE

Description

made double top on daily chart now what next ? waiting for confirmation from price action because i know how to trade breakout and breakdown ....will update trade setup soon
Comments
GauravSharma0605
@KING999 sir what is your opinion for Bharti Airtel now, i bought 1 lot of June Future at 562 price...shall i keep it.
KING999
@GauravSharma0605,


on smaller time frame price completed h&s pattern keep strict stoploss of 535 on closing basis because once neckline broken then dis stock will go down towards 450/425 levels
GauravSharma0605
@KING999, sure sir...Thank you so much.
KING999
@GauravSharma0605, Not broken neckline reversed from 539 ....
GauravSharma0605
@KING999, Yeah but i made square off my position on 555...i am seeing this stock is struggling there...another observation i noticed on monthly chart that it created W shape almost and until unless it won;t close on or above 570, it will keep falling like this....
KING999
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