The chart represents the 4-hour price movement of Bharti Airtel Ltd. on the NSE. Here is an analysis and summary: Analysis: 1. Price Trend: The price has been making higher highs, indicating an upward trend. 2. Volume: The volume is relatively low despite the price making higher highs, suggesting potential weakness in the current uptrend. 3. Divergence Pattern:...
Bhartiartl - Elliott Wave Count On the weekly charts, Bhartiartl displays a clear Wolfe Wave formation, indicating that the market is likely to undergo a significant correction toward the 720 range. It is advisable to exercise caution when considering long positions. However, if the market breaks above 950, this view would be deemed invalid. Please note that...
Long above 736, T1 - 754.30, T2 - 774.65, T3 - 788.30, T4 - 802.20......... SL - 715 Short Below 720, T1 - 706.80, T2 - 696, T3 - 672, T4 662.......... SL - 735