BHARTIARTL UNDER BEARS SPECTRUM !!!!

7 Mar 2023

Chart Patterns insist me the above titled opinion

REASONS

1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines)and right now down swing move is under process(in the form of descending channel)
2. In the weekly time frame, it looks alike a Bearish pennant formation and given breakdown out of consolidation(shown below)


3. In the daily timeframe, Head & Shoulders pattern too visible(shown below)



4. There is Consolidation zone(in form of a rectangle box).
5. SL can be day candle closing above 796(candle escaping out of the box)
6. Target - 730,717,700
7. Strong support down near 675 levels(rectangle box shown)


Let's see how it moves!!!

NOTE- Just sharing my view....not a tip nor advice!!!

8 Mar 2023

İşlem aktif

8 Mar 2023

Not

very tight range...volatile move can be expected!!!

12 Mar 2023

Not

still inside the consolidation zone!!!

15 Mar 2023

İşlem aktif

11 Nis 2023

İşlem aktif

26 Nis 2023

Not

still inside the zone!!!

28 Nis 2023

İşlem kapandı: durdurma seviyesi

28 Nis 2023

Not

escaped out of the zone

2 May 2023

Not

entering again....keep it in watchlist...