BHARTIAIRTEL

Today 29th November Bharti formed a bullish engulfing candle, covering last 4 days candle. A downward trendline also broken 4 days ago. I believe it is a confirmation against its downward trend. Its first target will be around 1740 and then 1779. If we look for support level, it's first support is at the lower point of today’s candle, i.e 1551, and then 1511. Price also closed above all important moving averages. There is also a positive crossover of 5 days ema over 20 days ema. One may try this.

This is for educational purposes only, and not an investment tip or suggestion