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 :
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Please use this for Educational Purpose Only
Bharti-airtel
$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.
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
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!