Troubled E-leg, but finally looks to be in place at highs@401 which was expected when I came with Bullish Harmonic Pattern in 290-300 in Sep2016.
Trading Strategy Going below 325 - It is prone to more weakness breaking double bottom at 282-283 -which is critical support shall make Airtel more red.
3 Analysis which is nested in below chart -tells the story how it kissed 400's
Trade closed manually
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13:14 Hrs 11th July2017
Last Price@402
Sell not activated below 325 so closed manually.
Comments
GRINDELWALD
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ta shows a upmove.......seems will go up from 338....
WaveTalks
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@GRINDELWALD, I said below 325 - we will sell next.
GRINDELWALD
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@AbhishekHSinghCMT, ok
shamishchandras
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@AbhishekHSinghCMT, So you are saying that we should short below 325 otherwise Bharti Airtel looks in place to achieve 401. I hope that I am understanding it correctly. Regards.
WaveTalks
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@shamishchandras, Below 325 -it will continue its fall - upside 401 looks all done & cannot be kissed soon -so bounce have to be used for selling.
shamishchandras
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@AbhishekHSinghCMT, Thanks.
ashokchagam
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@AbhishekHSinghCMT, What can be the target in bounce selling?