Bharti Airtel

The weekly chart of Bharti Airtel shows a much clearer picture than the daily chart which has more noise. The weekly chart shows clear cycles where prices move up and down back to the lower end of the channel. The momentum is back to zero, and the lower support was at 501. We stopped there and started to head higher. Now wave 3 of 3 at some degree may begin. There are two yellow channel lines with the first at 700 and second at 770. 3=1 will be closer to 800.