BHARTI AIRTEL LOOKING FOR A DOUBLE BOTTOM BREAK
NOTE:
1-Stock was created a double bottom on weekly chart
2-Stock after raising tariff has seen targets re-iterated
3-Need daily close and a weekly close above 611
4-A close above the levels of 611 will lead to fresh expansion in coming week and month
TRADE
-Since stock is volatility a deep stop is required
-Do not over trade
AUG FUT/SEPT FUT
Buy@611 (weekly close )
Stop@585
TARGET-1@645
TARGET-2@672
TARGET-3@693
1-Stock was created a double bottom on weekly chart
2-Stock after raising tariff has seen targets re-iterated
3-Need daily close and a weekly close above 611
4-A close above the levels of 611 will lead to fresh expansion in coming week and month
TRADE
-Since stock is volatility a deep stop is required
-Do not over trade
AUG FUT/SEPT FUT
Buy@611 (weekly close )
Stop@585
TARGET-1@645
TARGET-2@672
TARGET-3@693
Trade closed: target reached
BOOK PART PROFITS NEAR 645 WILL LOOK TO ADD IF STOCK CORRECTS
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.