Bharti Airtel Broke Out !! #Airtel

πŸ“ˆ Bharti Airtel πŸ“‰

It broke out from Resistance Zone after testing three times and it was inside a consolidation zone as well.
Yes, it has closed at high of Jan, Fab and March too. So I am biased on long side.

On Buy Side I am looking for initial Targets of 800 and 850.

StopLoss should be kept at 700.
It offers 1:2 Risk Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: stop reached

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