Hi Investors/traders. In my previous post on bharti airtel , I showed a red buy zone in fig. where I shared investors and traders can entry if not taken out.You can see a pink circle candle took support and in later move, this zone was tested and traveled to red dotted zone. If this hurdle is taken out then you can see prize visiting to white box very soon. On the contrary If dotted red line does not fulfill the condition of taken out then price will be range bound between red zone and this dotted line. If in next trading session price open gap up and sustains here at least one hr then longs will become comfortable. Investor should have bought 50 % of his/her capacity at zone . I will be bearish on this stock if buy zone is taken out. where stock price is standing this is right time for stock to go down if do not then target of box for traders. Investor stay till it reaches to 800 in coming months.Right now structure is good . when it will change I will update you. Til then buy on dips. Rest market is supreme.
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