With the recent downfall in the market, Bharti Airtel broke its trend line and unable to make a higher high due to resistance from the multi-year trend line .
At the bottom, it is standing at a very important support/ demand zone , if broken, one can look for short sell with given targets.
If it sustains above the support, it will be a potential consolidation and one can look for buys after a strong rejection from the support zone .
Note: For education purposes only! Do your own study before taking the trade.
At the bottom, it is standing at a very important support/ demand zone , if broken, one can look for short sell with given targets.
If it sustains above the support, it will be a potential consolidation and one can look for buys after a strong rejection from the support zone .
Note: For education purposes only! Do your own study before taking the trade.