The Stock is going to fall tomorrow because:
1)There is a gap down which needs to be filled.
2) Moreover the price is moving in a downward Channel.
All levels have been indicated.
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Bullish momentum has started in Bhartiartl from 9th April which has touched the ceiling at 569. This zone is a "MAKE OR BREAK" zone as we can see in a monthly chart that it has touched the upper trend line and in this zone, we can see either of 2 things:
a. This time it will break the upper trend and make an all-time high. A bullish trader who also thinks in this...
Bharti Airtel had given a good breakout recently and is now trading near its all time high.
After retracement, there is possibility of movement above 612.
Fundamentals of company look strong too.
Disc - Holding it in my portfolio.
Trade as per your RR
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...
Key Levels for BHARTI AIRTEL :
Please trade with caution and consult your financial adviser before trading.