Technical Analysis of Indian Equities by Nooresh

Bharti Airtel — Confused for direction.

bhartiAirtel

 

Bharti Airtel --- This is one confusing chart. One needs to wait for price action around 319-322 support or a move beyond 330 to initiate a reversal trade.

But one thing is clear the stock has been dead for more then a year now.

305 remains a strong support for long term. Below that it will be a gone story.

 

So keeping it simple will just watch and see the price action to initiate a trade.

 

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Happy Investing,

Nooresh Merani

nooreshtech@analyseindia.com

09819225396 ( after market hours only )

Article by Nooresh Merani

Nooresh has written 2556 articles.

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