AbhishekHSinghCMT

Bharti Airtel 2016 Diary- 3 Times Support in 280-290-Becareful

NSE:BHARTIARTL   BHARTI AIRTEL LTD
7
Already double bottom at 282-283 pushed upside, but failing to generate significant upside move & doing choppy & a sloppy move in the last 4 months is sending a warning sign which is 282-283 level. Recently turned upside again from 288 was a call for risk traders against 282 stops.

Against 282-283- If traders want to hold long positions -it is good, but once the double bottom zone gets broken- Bharti bulls should be careful.

Last Few Words- Bharti is Struggling

This is how we moved in 2016

In the all charts below -click the charts & use load bar feature

Big Triangle in Bharti

A couple of bounces from Harmonic Pattern's PRZ-Potential Reversal Zone- Buyers Paradise
Trade active: 11:57 Hrs 6th Jan2017

Last Price@324

Moved 30 points in last 3 days above 288
Comment: 08:53 Hrs 25th Feb2017

Recent High @401 was close to 410-440 zone as expected for E-wave

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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