BHARTIARTL
BHARTIARTL Looks BULLISH on Daily chart.
To me BHARTIARTL looks bullish on daily chart. But Why??? read below given Simple no brainer view.
Area of 547-587 looks like area of re-accumulation after hitting a new lifetime high.
Now today on 13/08/2020 candle form right below the area of re-accumulation which was mention above, but candle not managed to close near the low which most of retailers were thinking of but its close in the middle and now may be confused with current scenario and still hoping BHARTIARTL to fall.
But ask one question to your self a question if there was really a that good supply in stock why its not mange to close near the low even after giving a breakdown to string support of 547.
DM if want know the answer you were asking to yourself..
Stop Finding Candle Stick Patterns Or Chart patterns simply focus on Price And Volume Only. Chart will Show you the Pattern you are looking for.
If view went good I will be looking for buying BHARTIARTL above 547 with SL below 520 both closing basis only on daily chart. Will hold this for Short term if activated