Divergence of MACD silent reversal signal BHARTOARTL long
NSE:BHARTIARTL BHARTI AIRTEL LTD
The stock is in downtrend making lower lows. IT has given first reversal signal forming double bottom and also divergence at this level in MACD / RSI . One can enter the long trade now as the risk is low. How far it would go only time would tell but 325 seems quite reasonable expectation.
Trade closed: target reached:
Closed the trade at target price.