Bharti Airtel Looks strong
已更新
Bharti Airtel Looks strong
Reasons/Traits :
• Harmonic pattern gets activated once 708 level is sustained to form a bullish bat or crab pattern
• Price closed today above 13 EMA
• Price took support @ 0.382 fib retracements levels from higher high and closed above 0.236 today
• RSI and volume increasing
What can happen next :
Scenario 1 : Price sustaining above 710 can take it to 720/740/760/780/800 levels
Scenario 2 : Price break down below 675 levels can take it down to 650/640/620/600/580 levels
(right issue can lead to revision in prices, need to see)
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
Reasons/Traits :
• Harmonic pattern gets activated once 708 level is sustained to form a bullish bat or crab pattern
• Price closed today above 13 EMA
• Price took support @ 0.382 fib retracements levels from higher high and closed above 0.236 today
• RSI and volume increasing
What can happen next :
Scenario 1 : Price sustaining above 710 can take it to 720/740/760/780/800 levels
Scenario 2 : Price break down below 675 levels can take it down to 650/640/620/600/580 levels
(right issue can lead to revision in prices, need to see)
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
注释
Its moving as per trend line, high today 745..and also completed Bullish bat pattern...need to see if it respects crab pattern..注释
780 hit, strong movement with trend line
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