According to technical analysis, airtel is bearish. we shorted at 5689. the important thing is the proper risk-reward ratio which you can see on the chart . and if a trade goes against us we will go long ( after checking volumes). Another important thing to keep booking some profits.
buy at -554
airtel is near to the horizontal resistance on daily candle chart.
1.It is in rising wedge pattern. (daily)
2.In hourly chart it shows a trendline breakout with confirmed retest, also a shooting star candle formation.
NOTE : sorry for delayed publishing, the half move is completed, but we can still earn...