nextgen
Short

Bharti Airtel failed to breakout wedge,continue to trade short.

NSE:BHARTIARTL   BHARTI AIRTEL LTD
41 0 0
Bharti Airtel             has been trading in down trend from couple of months and trading in a falling wedge pattern respecting support and resistance . today it has touched resistance and unable to make breakout upward, it is not looking strong enough to make breakout instead heading towards wedge support somewhere between 284-283. Traders may wait to retest of the resistance somewhere between 307-308 and short at that level for better entry price with target of 283 in near term.
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