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Deepak_dc93

Long on Bhartiairtle at 528.60

Long
BHARTI AIRTEL LTD (NSE:BHARTIARTL)  
Deepak_dc93 Updated   
NSE:BHARTIARTL   BHARTI AIRTEL LTD
Chart Patterns Wave Analysis Beyond Technical Analysis stockmarketanalysis stocktrading stocksignals Equity equityanalysis equitytrading equitysignals Technical Analysis bhartiairtel
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chartpattern waveanalysis beyondta stockmarketanalysis stocktrading stocksignals equity equityanalysis equitytrading equitysignals technicalanalysis bhartiairtel
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
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