Shanmuga_Sundaram_R

BUY AIRTEL for the Initial Target of 550 and 570

Long
NSE:BHARTIARTL   BHARTI AIRTEL LTD
Text months down trend from 621 to 508 comes to an end. It made a Open and Close above the downtrend. It indicates clear opportunity for buying for the initial target of T1: 550 and T2 570.
Refer the chart above for the fib levels as well.
Note: This is just my analysis and not a recommendation or opinion and I have the right to be wrong.
Trade closed: target reached:
Target1 and Target2 achieved
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.