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Tech_stock_trader
May 28, 2020 3:46 PM

Bharti infratel is at break out point Long

Description

please watch the daily chart of Bharti infratel. Clear breakout has been seen on the charts . This can be taken for long entry. Stock level is going to shift in uptrend. on daily charts its moving above 50 EMA. The next level for stock is 240 . Always do trading as per your Reward to Risk ratio only means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels. The idea sharing is for educational purpose only.

For beginners and upcoming traders please follow -- Don’t focus too much on the money, but rather enjoy your trading journey.

Trade active

Trade closed: target reached

made high 244.
Comments
Babbubhai
Now it is closed above it's 200 days moving average. Can go uptrend from that price point.?
Tech_stock_trader
@Babbubhai, yes sure it can move but on daily chart on Friday(29-may-20) a one shooting star candle can be seen. so be cautious, possibility of stock retrace a little bit before going to upward.
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