AIRTEL has become a weak stock with time . Multiple reasons to short
1) ROUNDING TOP PATTERN IN MAKING
2) GAVE A FALSE BREAKOUT. (After a failed breakout stock falls very fast)
3) RSI also showing weakness
Short on any bounce upto 508 (above 508 only it will start showing some strength) for a target of 480
1) ROUNDING TOP PATTERN IN MAKING
2) GAVE A FALSE BREAKOUT. (After a failed breakout stock falls very fast)
3) RSI also showing weakness
Short on any bounce upto 508 (above 508 only it will start showing some strength) for a target of 480