Renko chart (1 min) clearly shows RED brick at closing and closed below the 10 SMA. Heikin Ashi (15 min) also shows beginning of downtrend...575 / 571...SL 585
Please note- this is only for 23rd June, today...trade as per your conviction..best wishes. Please LIKE the post to suggest you could make profit. Thanks in advance.
NEWS - Revised ratings by FITCH...NEGATIVE for BHARTIARTL (supports the above from sentimental trade perspective). Please ignore my chart as I am new to TradingView and this is my 1st post...couldn't post properly.
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Made low of 575.35...TG1 of 575 low done.
Trade active
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Made low of 574.35...TG1 of 575 low done. Tomorrow, should dip to Tg2 of 571 or below.
Trade closed: target reached
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Thank you folks...Hope this helped instead of everyone suggesting BUY/LONG...I guess I was very one of the very limited who suggested SHORT and it worked more than expected !