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Nov 23, 2016 5:33 PM

Bharti Airtel failed to breakout wedge,continue to trade short. Short

BHARTI AIRTEL LTDNSE

Description

Bharti Airtel has been trading in down trend from couple of months and trading in a falling wedge pattern respecting support and resistance. today it has touched resistance and unable to make breakout upward, it is not looking strong enough to make breakout instead heading towards wedge support somewhere between 284-283. Traders may wait to retest of the resistance somewhere between 307-308 and short at that level for better entry price with target of 283 in near term.
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