BHARTIARTL Daily Analysis 05 April 2020

RS is Strong & UP starting 15112019 ~ 5months.
Stock above its 200 DMA
Range Play Breakout expected soon.

Formation of NR candles.

Comment:

Industry :- Telecom
Scanner :- Bullish Scan
Abv 200D EMA :- Above
ABV 50D EMA :- Above
RSI 11 :- Rising 55
CRS Sloping 21D :- Rising
Delivery Volumes D>W>6M :- Reducing
Traded Volume 11D SMA :- Reducing
Candle Pattern :- Cup & Handle
S/R Levels :- 471/545
Date Of Entry :- 05-04-2020
Status :- Bullish Scan

Awaiting Breakout abv 515

Comment:

COI not favorable

OC showing Resistance at 600

Comment:

Bearish Divergence CRS RSI