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 formationand 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!!!
액티브 트레이드
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코멘트
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very tight range...volatile move can be expected!!!