Long on Bhartiairtle at 528.60

١٧ أغسطس ٢٠٢٠

Entry - 528.60
Target - 593
Stoploss - 519.85

I will go LONG on Bhartiairtle because:
1) The price is forming a Chanel or Rectangle Pattern .
2) The price also broke the trend line .
3) The price is also under Support/Resistance zone.
4) It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .

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