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akumar1057
Dec 22, 2020 4:34 PM

Bharti Airtel - Bullish Divergences  Long

BHARTI AIRTEL LTDNSE

Description

Bharti Airtel seems to be in a strong bullish trend.

Post 21st December correction, it is taking strong trendline support along with hidden bullish divergences.

Price is making an upper low while RSI is making a lowe low.

Usually, these divergences play with a quick movement.

Current market price 501:
1) Strong support is at 490, if broken, stock can test 470-460 levels ( however, it seems unlikely that 490 will be broken)
2) target is 550-570 levels in near term future
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