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Bharti Airtel Update

27 Sep 202010:58 AM

In one final look at the Bharti Chart for those who are concerned. The monthly chart is here, the trendline from the 2019 bottom was touched for support and we are now testing the 20-month moving average at 415 and 426. Based on classic Dow theory, a series of higher highs and lows define a trend and by that nature, prices have to make a higher low above 381.05, the previous low, to maintain the pattern that defines an uptrend.

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