Break Out Trade in Bharti Airtel Ltd.Date : 29-Mar-2022
Rating: Buy.
LTP : Rs. 754.95
Target : Rs. 780-->850
SL : Follow the trailing SL indicated by the moving averages on closing price basis.
Bharti Airtel Ltd. has given multiple break outs on technical chart. It has given break out from its secondary down trend within its primary up trend. It has also broke its near term resistance levels of 735 and 750. EMA, MACD and RSI are giving very bullish signals. EMA and MACD cross over is also done.
Disclaimer : Investing in stock market is risky. One should do a self analysis and validation before investing in stock market.