This one is coming down for one more correction with in the structure , and if you look carefully it has made W pattern on reverse ,
Ii will high likely complete the move with in next week
One can add short on open or brake of Friday low and stay with it until it meets the target as per described in Chart
TRADE NIVESH Bharti Airtel had announced rights issue to raise up to Rs 25,000 crore through issuance of fully paid up shares and an additional Rs 7,000 crore via foreign currency perpetual bond issue. The rights issue will be raised in the ratio of 19:67 (i.e., 19 shares for every 67 shares held) at a price of Rs 220 per share.
jump at 335
If you found Tail at the bottom, then buy, buy and buy...
Another thought is, to buy 316-318 and stoploss for today only 315 and hold if close above 322...
Bearish Gartley pattern is seen to be forming in the 4H Chart of Bharti Airtel. Intraday SELL around 355.4 levels.
I just started learning Harmonics, so I'm not sure about the Target and SL yet. Want to get comfortable first, in drawing patterns according to the rules and see how it works.
Bharti has come out of multi week consolidation range of 280-340.It has also close above 23.6% retracement of the entire fall from 600-280 level. Stock is looking good for 385-400 level which is 38.2% and earlier resistance of upmove. Positive news from industry that pricing is likely to stabilise in near future has given momentum to the stock. Trader can buy...
![BHARTIARTL: [Intraday] Airtel Buy Round Bottom](https://s3.tradingview.com/o/OBYtx3QQ_mid.png "[Intraday] Airtel Buy Round Bottom")
