Stock of Bharti infratel is trading below the 20 EMA level & trading below the support line @ level of 197.30. So if the trend line as marked in chart broken than we can take short entry in the stock for the target level of 190. so after understanding market conditions will take the short entry in the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Comment:
Level not come
Trade active
Trade closed: target reached:
Target done 190