Stock Analysis of Bharti Airtel
Dt. - 24-12-2020 Price- 517.3
On a daily chart, the stock made the hanging man candle along with a double top. The stock also faced resistance at dark blue trendline. This all indicates the stock can correct some more before moving up. Stock can come down till horizontal support line placed at 488.80 or the purple trendline. It looks like a stock can break the symmetrical triangle in a few days and that can give a nice return of 7-8%.
RSI is neutral.
On a daily chart, the stock made the hanging man candle along with a double top. The stock also faced resistance at dark blue trendline. This all indicates the stock can correct some more before moving up. Stock can come down till horizontal support line placed at 488.80 or the purple trendline. It looks like a stock can break the symmetrical triangle in a few days and that can give a nice return of 7-8%.
RSI is neutral.
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