Watch out for this stock !

Bharti Airtel is consolidating for a very long time within the range of 520 to 550.


It gave a clear Breakout as you can see in the above chart on 28th of July 2021


It has a resistance at 577 and it may retest the very important level of 550.


RSI the momentum indicator is about 61 on the monthly the daily chart. The ADX which shows his strength of the trend is at 25 on the daily chart, which is indicating a strong rally on the upside.


It may test 550 level and could consolidate and then it may move upside. It has resistance at 598 and thereafter the resistance is 623.


Disclaimer All Views And Charts Shared In This Post Are Purely For Knowledge And Information Purpose Only. Our Post Is Intended Only To Provide General And Preliminary Information To Investors/Traders And Shall Not Be Construed As The Basis For Any Investment Decision Or Strategy, Our Content Is Intended To Be Used And Must Be Used For Informational Purpose Only. It Is Very Important To-Do Your Own Analysis Before Making Any Investment Based On Your Own Personal Circumstances.

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