BHARTIARTL UNDER BEARS SPECTRUM !!!!

7 мар. 2023 г.

Chart Patterns insist me the above titled opinion

REASONS

1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines)and right now down swing move is under process(in the form of descending channel)
2. In the weekly time frame, it looks alike a Bearish pennant formation and given breakdown out of consolidation(shown below)


3. In the daily timeframe, Head & Shoulders pattern too visible(shown below)



4. There is Consolidation zone(in form of a rectangle box).
5. SL can be day candle closing above 796(candle escaping out of the box)
6. Target - 730,717,700
7. Strong support down near 675 levels(rectangle box shown)


Let's see how it moves!!!

NOTE- Just sharing my view....not a tip nor advice!!!

8 мар. 2023 г.

Сделка активна

8 мар. 2023 г.

Заметка

very tight range...volatile move can be expected!!!

12 мар. 2023 г.

Заметка

still inside the consolidation zone!!!

15 мар. 2023 г.

Сделка активна

11 апр. 2023 г.

Сделка активна

26 апр. 2023 г.

Заметка

still inside the zone!!!

28 апр. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

28 апр. 2023 г.

Заметка

escaped out of the zone

2 мая 2023 г.

Заметка

entering again....keep it in watchlist...