Saturday, March 16, 2013

Bharti Artl has formed head and shoulder pattern a fall below 304 will support the success of the pattern. It is moving below its 50-30-20 EMA , as well as moving in a downward channel posting lower tops and lower bottoms. Stochastics is even making lower tops and bottoms pulling the prices in downward direction.
Target : 260
Stop loss : 315  

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