Bharti Airtel is on cue for the formation of perfect AB=CD pattern with the magic numbers of 0.618 & 1.618. What's even better is the PRZ is very small (568.9 to 569.3). This can potentially be a wonderful risk-reward setup. Will have to await further rise to the Potential Reversal Zone. Harmonic fellas add it to your watchlist!!
PRZ : 895.4 to 915.65
Price also near a very important support. Candlestick Pattern followers watchout for the formation of Morning Star on Monday. Close above 916 on Monday is the confirmation.
Nifty Short Term view
* It has completed a Bullish Harmonic pattern
* Also at 55 Daily EMA & a Demand Zone
* To initiate trade, setting SL & execution, look at smaller time frames like 30 min or 1 hour.
* Possible target ~ 14900
