Bharti_Airtel

#BhartiAirtel

#longtermInvestment

This is bharti airtel daily chart in which we can see it retraced more than 78.6 percent of it falls from February high. It is also about to clear its previous swing high of 535 and also break above trend line. Now next resistance is 568 highs of February. About which it can go to 600-608.

Now next is Bharti weekly chart in which it is forming a cup and handle pattern. The Breakout of that pattern will come above the close of 570 and technical targets for that can be near about 880- 900.

Now next is Bharti monthly chart. Here it is trading in a range of 275 on lower side to 540 on higher side and now it is on the verge of breaking it. Technical target of that break out is again around 850-900

We can buy the stock on all dips to 500 and hold with stop loss of 475.

Disclosure: I have the stock in my portfolio both for trading and investment purposes.