BHARTI INFRATEL LT | Ascending wedge pattern
We see a large momentum to the upside if the price breaks above the resistance we would likely see an 9% move to the upside.
We always prepare for the other side, if the bears take over the market we could see a good short opportunity of almost 16%, where it would again find resistance at 134.10.
Long:
Targets 1: 187.50
Target 2: 196.95
SL: 175
Thank you for reading, hope you have a good day!
We always prepare for the other side, if the bears take over the market we could see a good short opportunity of almost 16%, where it would again find resistance at 134.10.
Long:
Targets 1: 187.50
Target 2: 196.95
SL: 175
Thank you for reading, hope you have a good day!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.