BHARTI AIRTEL LTD
Long
Updated

Bharti showing Cup & Handle with Ascending Triangle formation

96
Let me know your views.
On the daily timeframe Bharti shows a Cup and Handle pattern over 2 years and is near a breakout.
Its currently in an Ascending Triangle formation with breakout above 590.
Trade active
Strong performance over the last 2 days, closed at 589.35 today. Poised for a breakout out of the ascending triangle. take a position post the pullback.
Trade closed: stop reached
Very poor show on the price action. broke below the triangle pattern and the pattern no longer holds.

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