Thread by @WiserThisTime

@Amitsinha_delhi #BhartiAirtel
1) Bearish candles formation with follow-up & increasing volumes on monthly chart (LH & LL)
(1/n)

@Amitsinha_delhi 2) Falling RSI with breakdown of channel pattern on weekly chart indicating Distribution! (2/n)

@Amitsinha_delhi 3) Daily & Weekly CCI34 below -100 (3/n)

@Amitsinha_delhi 4) Most important, Death crossover (50ema crossed below 200ema) on Hourly chart & price not able to cross & sustain above hourly 200ema! (4/n)

@Amitsinha_delhi 5) Psychological & Emotional Level: Many people having SL at 535-540 but still not following discipline to exit!😅 Operators using this to Pump-n-Dump & Suck money from retailers! (5/n)

@Amitsinha_delhi @threader_app compile

@Amitsinha_delhi @threadreaderapp unroll