AbhishekHSinghCMT

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

NSE:BHARTIARTL   BHARTI AIRTEL LTD
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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 - India
http://in.tradingview.com
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Dear Abhishekji,
You really nailed this one... hats off to ur analysis on bharti...now has it started its journey to 180odds or still 410 in site plz do comment... difficult to digest...what would be nifty then?
Reply
@uttamtrader15, Very close to the zone 410-440. Recent High was 401
Reply
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