Bullish Flag breakout witnessed in BHARTI AIRTEL on 2-Dec-2019.
Steeper pole formed in 4 days with approximate 84 degrees. (Recommended 75 ~ 80 deg)
The flag formation took 9 days and then broke in positive side on 10th day. The volume during flag days was less and on breakout day it is high.
Long position can be initiated on the breakout.
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Stock Ticker – NSE: BHARTIARTL – Bharti Airtel Ltd. – TELECOM
Bullish Trade plan:
Entry Level 456 Target 492 Stoploss 420
Analyst Rating – :3/5
View Posted on 2019-12-02
Good analysis!
Thanks Sir.
Good one Suresh!
Thanks Rajkumar.
The price didn’t move as expected. Stoploss hit today (17-Dec-19)