Deepak_dc93
Long

Long on Bhartiairtle at 528.60

NSE:BHARTIARTL   BHARTI AIRTEL LTD
Entry - 528.60
Target - 593
Stoploss - 519.85

I will go LONG on Bhartiairtle because:
1) The price is forming a Chanel or Rectangle Pattern .
2) The price also broke the trend line .
3) The price is also under Support/Resistance zone.
4) It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .

Trade closed: stop reached

Comments

Should exit as stock is near SL? What would you suggest
Reply
Deepak_dc93 deenadayalan_s
@deenadayalan_s, yeah we should exit
Reply
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