Long Bharti Airtel

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Reasons for long.

1> It is showing respect to Trend line support and closed green on 24 Feb.
2> Stochastic RSI has given a crosover at the bottom.
3> Price is close to 10 SMA on Weekly time frame.
4> Option data showing accumulation for Feb and March Series.

Nearest Target 600

Final Target as per the upper resistance channel line.

Stoploss : Day Closing below previous red Candle.
Anmerkung
Trail SL to 570
Anmerkung
Reenter the trade EOD if 570 is breached and the candle is closing above the support trend line.
Technical IndicatorsTrend Analysis

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