Abhishek_TradersSin

Bharti Airtel is on the verge of breakout

Long
NSE:BHARTIARTL   BHARTI AIRTEL LTD
Follow these three rules to take a trade :
1. It should break the ongoing triangle pattern .
2. The breaking candle should have high volume .
3. There should be a retest.
4. Take the entry at the second green candle after retest.

Do comment if you have any other doubts as well.
Comment: It has broken downside. Good position to short if it gives a green candle last kiss

Comments

on the downside, what could be the lows ...I hold 500 Shares at 485...
Reply
anil2404 Parasaran
@Parasaran, at 401 there is a support
Reply
@Parasaran, considering a loss of 20% you should exit at 400 levels
Reply
simplyajith Parasaran
@Parasaran, hold, if it goes down, average.
Reply
RajathHegde Parasaran
@Parasaran, If you are a trader i think you'll find better stocks. But if you're an investor this stock is highly undervalued. Accumulate more and average you're price.
Reply
380 airtel will found support at 380....
Reply
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