BHARIAIRTEL ::: POSITIONAL SHORT24 JUL 2020
INSTRUMENT: BHARTIAIRTEL
TIME FRAME: WEEK
PROCESS: WEEKLY CHART
MY ANALYSIS:
BHARTIAIRTEL IS MOVING SIDEWAYS FOR SOME WEEKS NOW.
STOCHASTICS CONFIRMING BEARISH DIVERGENCE.
IF INTERESTED IN DOING JOBBING ON INTRA DAY BASIS YOU CAN TRADE BETWEEN 594.65 TO 560.50.
IF YOU ARE INTERESTED IN SOME GOOD PROFITS AND ARE INTERESTED IN HOLDING FOR SOME TIME. WOULD PREFER BUYING PE OPTIONS.
AS YOU CAN SEE THIS IS WEEKLY CHART WOULD PREFER SHORTING BHARTIAIRTEL
SHORT BELOW 536
WITH A STOP LOSS AT 561.
FOR TGT. 01: 487
TGT. 02: 459
EXTREME TARGET: 419.
RISK DISCLOSURE :
Technical analysis oF FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
