5% Trade Ideas #5PercentTrade - BhartiAirtel#BHARTIARTL
NSE:BHARTIARTL
CMP: 1214
Entry 1195-1205
Basis:
- Cup & Handle Formation Breakout at Daily Timefram
SL: 1176
Target: 1269/1298
Disclaimer :
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Bharti
$Bhartiairtel CE 1200 #HODL till 28 FEBBharti Airtel -- CE1200 -- HODL -- 29 FEB
These stocks breakout the upper Trendline and support confirm in weekly time frames
In option you buy CE call you want my Target 1200 in Feb last month
Fir equity trader you can take swing trade and sale @1200
For more charts analysis -- comments me in this post.
Bharti Airtel a New Turn AroundSoon Airtel may trade at level of 1190 and much above,
as ARPU is now 208, it makes it industry leader in terms of ARPU.
Today on 7 Feb closing level is 1134-1135
Buy for short term target of 1185 (+50) aprx 40%
book Partial Profit at 1185 and hold for 1240 and above.
one can Buy aggressively at near 1090.
Hold till 1045 as Stop Loss.
BHARTI AIRTELAIRTEL - seems to be forming an ending diagonal pattern suggesting a reversal in the trend (short-medium term). Overall the stock is in a long term bullish cycle but a correction (Wave 2) is possible towards 700.
This is only an idea based on the Elliott Wave Theory. Manage any trade/Investment at your own risk.
BHARTIAIRTEL - BreakoutBHARTIARTL has been in a five month long consolidation zone from March till July. In the end of July series it has given a breakout. One can go long with an immediate target of 572.15 and 593.35 with stop loss placed at 551.45.
P.S. Extra bullishness is because of (i) impending crossover of 25EMA over 50EMA, (ii)the two hooks in the MACD chart.
BHARTI AIRTEL LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
BUY ONLY ON RETEST
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts - NOT ACTIVE IN THIS CHART.
2) TE-REKAB - PROPRIETARY INDICATOR
- PB : PULLBACK
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Bharti Infratel - Can be bought above 190 for higher targetsBharti Infratel - Can be bought above 190 for higher targets(minimum 1:2 RR targets) with SL of 178/-
Stock has been trending in range and once it enters into the channel it can be bought for the higher targets of 220+