THERE IS BEARISH ENGLUFING IN THE CLOSING CANDLE. BUT SIZE IS BIG BUT IF THE FOLLOW UP IS COMING TOMORROW THEN BUY AFTER THE RECTANGLE BCUZ ITS A RESISTANCE ZONE. AND IF ITS GIVES UPWARD BREAKOUT THEN BULLISH AS ALWAYS.
DOW THEORY IS CLEARLY VISIBLE IN THIS STOCK. WELL ENTRY COMES IN AFTER THE HORIZONTAL LINE BREAKOUT BUT ITS GOES FOR SWING. BUT IF TOMORROW YOU THE PENANT PATTERN IS BREAKING UPWARD THEN YOU CAN GO FOR 1:1 OR YOU CAN TRAIL IT TOO. BCUZ BULLISH MOVE IS STILL LEFT.
I AM BULLISH FOR BHARATI AIRTEL. BCUZ IF YOU SEE IN 1DAY TIME FRAME THERE BREAKOUT . AND IT'S SUSTAINING TOO EVEN AFTER THE TODAY'S NEWS.
IF YOU SEE TOMORROW TRIANGLE IS BREAKING UPWARD THEN WE CAN BUY FOR 1:1 FOR INTRADAY.
PLEASE BUY AFTER 9:30.
THERE IS TRIANGLE PATTERN IS FORMATION. I AM BASICALLY BULLISH IN THIS STOCK INTRADAY. IF YOU NOTICE IN CHART THEN THERE IS HAMMER IN SECOND LAST CANDLE.
IF YOU WANT BUY THEN BUY ABOVE 4268.80 LEVEL.
ITS AN ANALYSIS ONLY.
The stock is in a dominant trend up. Recently a lower high and lower low price pattern has been noticed on the daily charts. The RSI also seems to have shifted the range from bullish 80-40 zones to neutral 60-40 zones in the past few weeks. Important support levels are marked on the charts. Breaking them may result into corrections. The degree of the corrections...