Bharti airtel will attempt to take a strong support around 414-415 levels.
If the resistance is broken, then the down side could be huge and profitable.
Sell below 414. Target at 388. Stop loss at 427.
The stock is forming a wedge pattern, indicating a halt. lets wait till a market tells us where is it headed ??
Buy/Sell only when price clearly crossed the level. Beware of false breakouts. Let the candle close outside of the wedge and let the volume be above the average. This helps to minimize the possibility of false breakout
This is not a recommendation, Its...
#IDEA: Weekly @ 5.50 | 22-May-20 | Weekly
- Trend may be changing on weekly pattern
- Let see how it performs in next few days
- Chart may not know it has a huge huge debt but sector tailwind may take it to NEW trend
- Keep a watch on this space
overall stock now in a bear grip , but looking at risk reward on trade side
a pullback can be expected
thus will trade in two way
if it comes at 1370/80 zone will short
or if comes at 1290/1300 will accumulate with stop mentioned
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 30-May-2018 for BHARTIARTL
Buy Above: 380.1 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before...