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praveen.bhatiya

Divergence of MACD silent reversal signal BHARTOARTL long

Long
BHARTI AIRTEL LTD (NSE:BHARTIARTL)  
praveen.bhatiya Updated   
NSE:BHARTIARTL   BHARTI AIRTEL LTD
bhartiairtel Divergence Double Bottom Relative Strength Index (RSI) Moving Average Convergence / Divergence (MACD) macddivergence wpattern
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bhartiairtel divergence doublebottom relativestrengthindex macd macddivergence wpattern
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.

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praveen.bhatiya
Divergence reversal Long
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