Bharti Airtel - Hourly ChartRecently BhartiArtl has created double top and then fall drastically to 330 level. Stock recovered almost 70.7% from 330 level and again showing weakness.
From the top, Stock is in wave (C) of zigzag pattern and expecting the 100% retracement of wave (A) which is coming near 310 level. Risk and Reward ratio is also very good. EMA (34) will act as trailing stop loss (current SL --> 369). Risk to reward ratio is 1 : 3.8.
