NSE:BHARTIARTL Formed double bottom at 520 levels after a huge fall(hint for trend reversal) currently moving up respecting the marked trendline. today the stock broke the previous high of 535.7 and made a new high. It faced profit booking later and it is now currently testing the previous high 2nd time(535.7) Currently, the price is at good value and I will consider entering tomorrow with 5min close above 538.5 only with a gap up open. If it opens flat it may go down as well. I am Planning to enter only with gap up open.
hey ...are you still bullish? as today, market correct about 0.70%... and Airtel too lost almost 12 points on DCB. what's your view now? idk when will it out of short sellers' trap. ...
@newbieintrading, I dont know about your entry price or anything. If you are holding positions then may be you can keep a strong 15min close below 534 as SL and hold. I donno its up to you. I just said about an SL that is below trendline and below previous swing low
newbieintrading
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@vyas1394 actually i have 550CE bought @ 9.10... when spot price was 536 levels, i have set a stop loss at 8.20, although 550CE is full of call writers (actually all ce is full of)