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.
The stock can also possibly form a Head and Shoulder pattern.
Trade active:
Target of 412 achieved with gap up open
Comment:
Target of 421 achieved
Trade closed: stop reached
