For last many months, Bhartiartl has shown an increasing trend. Now the trend is getting weaker and It is showing a Head & Shoulder pattern. this started in Jun-25 and has now confirmed after today 2nd March - In 1 days chart it could not cross the shoulder line.
There can be very quick correction in such cases.
Stoploss - 1899
Target 1( 2 trading weeks)- 1775
Target 2 if it closes below 1775 hold for 1565 - Timeline is expected to be by 1st week of April
There can be very quick correction in such cases.
Stoploss - 1899
Target 1( 2 trading weeks)- 1775
Target 2 if it closes below 1775 hold for 1565 - Timeline is expected to be by 1st week of April
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.