BHARTIARTL trade ideas
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.
BHARTIARTL watch out 516 to 508 and go long!BHARTIARTL: First time I noticed Elliott Impulse wave and corrective wave! Looks like it is completing "corrective wave" and still there is place to go down to 516 to 508 where it can find good support! So watch out the price at 516 to 508 and then go long. Let's see how it works .