April 28, 2014

BHARTI Airtel Chart analysis

  • Bharti Airtel weekly chart shows price contraction in a triangle pattern.
  • Price is nearing the upper resistance line of the triangle pattern. Staying 338 levels price may target 354 and the resistance line. 
  • There is negative divergence with macd and price but there is not trigger yet for a sell. weakness on closing below 338 levels

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