Multi-year breakout in BHARTIAIRTEL.
Multi-Year Breakout and also Ascending triangular pattern breakout with huge volume can be seen in monthly timeframe chart which makes the trade's success probability very high, would suggest to go long with the buy on dip till 600 level for the Ultimate Target of level 820 (FIBONACCI IS CONSIDERED WHILE DECIDING THE TARGET), go long with strict stop-loss of 520 (only on closing below basis). the timeframe for this trade/target would be 12-14 weeks.
THIS VIEW OF MINE IS PURELY BASED ON THE TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
THIS VIEW OF MINE IS PURELY BASED ON THE TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
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