AIRTELPP trade ideas
airtel purely obeying fibonacci. next target is 528 by 1 monthit obeys golden ration and will work accordingly if im correct . wait till jun 16 may be im correct
after the completion of cup and handle the price will rocket to 623+
Bharti Airtel - Rounding Bottom in ProgressBharti Airtel - What a long consolidating Rounding bottom in progress. Keep on radar. Invested since 524.
DISCL: Not a SEBI Registered. I post charts for my own study.
BHARTIARTL 1HRStrong Bullish TREND from Daily Shark & Bat
price approaching strong bearish levels of 4hr & 1hr Bat as earlier this level given reaction
Buy
BHARATIAIRTEL - TUNE TO BULLSThere is break of ascending triangle; fall yesterday provides opportunity for longs. Long here and 353 stops 345 for move towards 370-380.
BHARTIARTL Resistance Trend line Breakout Done in Hourly time frame, Can go Long now or in Dips near 549, with Stoploss of 544, for Targets of 564, 571, 581, 591 & 600
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
buy bharti airtelbreakout happened in airtel. we can see 580/600 in coming days. view negated below 535
Airtel - Cup and Handle in the makingCup and Handle on chart. CMP 539 .
Important levels mentioned on chart.
Breakout Confirmation above 550.
BHARTIARTL - Up or down ?A descending triangle is a bearish chart pattern , lets wait for a breakout to take a trade.
Bharti Airtel Positional analysisHi all.
Hope all are doing well in markets & hope all are safe & healthy in this pendamic.
Here is the analysis & I see that on daily chart the Bharti Airtel is a trading in a range & please try to capture the movement once it breaks any direction. and stick to it with proper risk & reward.
If its on selling mode & if you need to work on correct Risk to reward ratio then make use of SLBM services from your broker.
Regards;
Baldev
Bhartiartl - Elliott wave analysis - ABC zigzag It is in abc zigzag move as B wave of ABC zigzag down, which is about to end. Then C wave down will start unless B wave will form complex sideways correction. If the drop will impulse down, then there is a chance of C wave down.
BHARTIARTL - Long at 538 Reason for the trade:
1)Rounding bottom (Price action pattern).
2)S/R Flip with good volume.
3)Pullback trade on long side at 538
Sample position sizing for the trade:
Portfoilio : 70,000
Risk : 2.00 %
Amount at Risk : 1,400
Stock price : 538.00
Stop loss Price : 528.00
Loss per Share : 10.00
No of Shares : 140.00
R:R ratio - 2.6 (Minimum)
Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
