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Srijit1
Jul 31, 2021 4:55 AM

BHARTIAIRTEL - Breakout Long

BHARTI AIRTEL LTDNSE

Description

BHARTIARTL has been in a five month long consolidation zone from March till July. In the end of July series it has given a breakout. One can go long with an immediate target of 572.15 and 593.35 with stop loss placed at 551.45.
P.S. Extra bullishness is because of (i) impending crossover of 25EMA over 50EMA, (ii)the two hooks in the MACD chart.

Comment

Made high 619 on 05-08-2021
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