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Sep 29, 2021 2:12 PM

BHARTIARTL SHORT Short

BHARTI AIRTEL LTDNSE

Description

The indicators used on this chart suggests that BHARTIARTL will probably reverse after a strong bullish movement.
- MACD gives us a short signal
- ADX is 45.59 and after period of extended uptrend it seems that it curved down what may suggest a trend reversal which we can observe with current price action

We should wait for the price to break the support and retest it as resistance. Therefore the rejection at the resistance will be our entry price.

no financial advice
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