AS INDICATED IN ONE OF MY PREVIOUS POSTS ON AIRTEL, IT IS FORMING THE SAUCER SHAPE.
BREAK OUT ABOVE THE LEVEL OF 372.5 WILL KEEP THE TARGET AS 430.
ONE CAN GO LONG FOR THIS TARGET ONCE IT STARTS TRADING ABOVE 374 (370 CAN BE KEPT AS STOP LOSS).
Bharti airtel trading in a bull channel. Channels can be traded very simply by buying at the lower channel line seeing any reversal candle and shorting at the upper channel line seeing any reversal candle. Avoid trading at the middle. This is just an example of bull channel.