BHARTIARTL trade ideas
BHARTIARTL - Should be good to go upwardsDaily candle managed to closed above 200MA which is a good sign.
A falling wage pattern which is a good and bullish sign. Need to wait for the breakout above from the wage pattern. Good for early entry but if still want to play safe, buy on breakout, so wait for the daily candle to close above the trendline above.
BHARTIARTL - Taking support on 200EMABharti Airtel taking support on 200EMA, and facing resistance of 100EMA and 20EMA. To me, looks like into a no trading zone as one of the bearish flag like pattern is formed and if it breaks down buy range will be around 510-515 levels. On the other hand if it goes above, a safe entry will be around at 537-540. However, not expecting it to go down as the 200EMA support is one of the strongest support for this so far.