Bharti Airtel Limited
Long
Updated

BHARTIARTL | Can we call it as Cup & Handle formation?

2 316
BHARTIARTL | Can we call it as Cup & Handle formation?

CMP : 528
SL : 495
Target : 600

I'm going long based on,

1) RSI positive divergence with price consolidation last 11 trading days
2) My visualisation of Cup & Handle ( Although it is not formed yet)
3) Simple 1:3+ risk reward setup

Trade closed: stop reached
Trade closed: target reached

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