NSE:BHARTIARTL has gotten BUY rating from 6 various brokers for 600+ target in last 2 months . The stock has shown a breakout with higher volumes . MACD is bullish. EMA20 is greater than EMA50 indicating in bullish trend. The RR Ratio is also greater than 4 , which is very favorable for the tread.
Keep an eye on Hindustan Petrol. Expected momentum is in upward direction.
Reason to Buy:
1) Forming a triangle pattern
2) Taking support on weekly as well as daily trend line.
3) Formation of 'W-Pattern' (wait for neck line break)
Stop-loss must be below the previous immediate swing. RR ratio must be calculated and traded accordingly.