Saucer Bottom in Bharti Airtel!
Hello Traders,
Sharing this daily chart of Bharti Airtel, in which a saucer bottom/Rounding bottom pattern is being formed whose breakout has already happened in June with good relative volumes, As you can see volumes downside, the purple colored volumes show high relative volumes which are required on a breakout to make it sustain on higher levels & also after a breakout stock has sustained higher levels showing strength at higher levels.
SL Price- 830 (below 125 DEMA)
Target- 992-995
Disclaimer- Please do your own analysis before entering into any trade.
Best regards Happy Trading- Harshit.
Sharing this daily chart of Bharti Airtel, in which a saucer bottom/Rounding bottom pattern is being formed whose breakout has already happened in June with good relative volumes, As you can see volumes downside, the purple colored volumes show high relative volumes which are required on a breakout to make it sustain on higher levels & also after a breakout stock has sustained higher levels showing strength at higher levels.
SL Price- 830 (below 125 DEMA)
Target- 992-995
Disclaimer- Please do your own analysis before entering into any trade.
Best regards Happy Trading- Harshit.
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