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Suryavanshi1983
Jan 22, 2019 3:44 PM

BharatFin - Long or Short - Time will tell Short

Description

Bharatfin fell after making a rising wedge. Long term trend is on downside. However, the current short term downmove looks like corrective in nature and higher levels are possible in short term if the support is held. Incase of a breakdown with an impulsive move, much lower levels can be seen. In Short term - Long, Long term - Short :)

Comment

Still holding the red marked support.

Comment

Still holding onto the support area, wait for an imulsive move atleast on 15 min time frame, before entering long.
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