Fundamentally Strong Stock with the Piotroski Score of 7
Tech Analysis:-
Two Type of breakouts
1) Firstly more than four years of breakout from the 18th september 2017 candle
2) A symmetrical triangle formation whose breakout is on 24th Jan 2022 weekly candle
Indicators-DMI+ conformation
RSI 70.30
Price above 20 EMA in all tym...
Great time to enter in Airtel!!!!!!
Technical Analysis-
Breakout given for resistance connecting candles for 1st Jan 2013 and 1st Nov 2017
Pattern formation Cup & Handle
Indicators- +DMI confirmed, Price above 20 EMA in all time frames
Target-960 Stoploss-519 Risk Reward-2.23
Fundamentals -This Stock is a fundamentally strong stock(i.e. consistent financial performance and quality management). Piotroski Score of 8 indicates the same.
Technical Analysis- On Weekly Time frame it forming a perfect rounding bottom pattern. Stock has given retest for the breakout( breakout candle 10th Jan 2022)
ADX conformation as well and stock trading...
