BHARTIARTLwait for the breakout and enter the trade its gave for massive income in or 2days or some days which side breakout go
BHARTIARTL trade ideas
BHARTIARTLAS SOON POSSIBLE its rooking on the way wait for the breakout and the stock massive up in are days but wait which side breakout and enter the trade its a triangle pattern
Bharti Airtel Long Above 550 Bharti giving triangle breakout and moving out of the consolidation of many days.
I am positional long since 520
Bharti Airtel on the verge of upward breakoutBharti Airtel has crossed the trendline with upward breakout bias.
Airtel Trend EtimateAs per trend
Long Above - 550 for 600 & More
Short If breaks rectangular zone & support of - 512
Accumulate for TGT 700 +
Airtel Trend EstimateAs per Chart pattern we can expect upmove to 600 & more; If gives decisive closing above 550.
Else Can show levels below 480 if breaks rectangular support around 512.
Long above 550 or Accumulate for 700+
Bharti Airtel in near to support levels around 420Bharti Airtel in near to support levels around 420
Bharti AirtelGood for a positional trade.
Buy at a retest.
Long consolidation breakout.
Target- 575 , 610
Stop loss- 515
Bharti Airtel Ltd BreakoutBharti Airtel Ltd Triangle Pattern Form
taken multi level Support
Wait for Breakout
Airtel....... 539 ???Bulls will rule if breakout above 539
levels marked
happy trading......
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BHARTI AIRTEL SHORT BELOW 518? Hi Everyone, Bharti airtel formed rounding bottom & doji candle on 1D chart. support 517.00 if breaks can go 487.00 & 458.00 level 2.0 of Harmonic ABCD pattern. Above 553.00 pattern invaild & can go 575.00 & 600.00. NSE:BHARTIARTL
Bhartiartl : Long Breaking of channel on 10th May and then Fibonacci retracement upto INR 548 on 9th June is self explanatory and clearly visible
in the chart.
Parallel channel between 7th June and 23th June clearly shows importance of 21 DEMA crossing 200 DEMA - 1st from below on 7th June
which led to increase price action and then from above on 23rd June which led to stock correction.
Therefore 200 DEMA is a major moving resistance for the stock price. Therefore
If 21 DEMA price is above 200 DEMA then 541 is the target to be expected
If 21 DEMA price continue to moves below then 520 is the level which is a strong support for the stock.
Note: I am long in the stock and i am expecting it to rise else will be accumulating more in case it goes down !!
Airtel - Potential BreakoutObservations :
1. Airtel has been moving downwards for a few weeks now.
2. It has tested and respected 200-EMA multiple times (more than 5 times) in such downfall
3. It is currently trading around 200-EMA
4. Volume dry up and loss of momentum can be seen, Usually it is followed by a spike in volumes and a super-move (either side)
5. After looking at candles and overall chart structure an Ascending Triangle with upper trend line + 200-EMA line can be formed. It indicates a higher probability of an UP MOVE in coming weeks
6. Along with 200-EMA, price has been respecting the Fibonacci Levels of 50% & 61.8% too. (For fibo - use weekly chart and draw fibo levels from inception of the up trend)
7. Multiple supports (demand zones) below CMP and probability of an up move after triangle breakout makes it a potential breakout candidate
Risk Reward Ratio is 2.5 times or more. (Expected Profit is 2.5 times more than expected loss)
Keep an eye on the price action. Ideal buy would be above 545/550 levels subject to high volume breakout.
Do you analysis.
Thanks
Bhartiairtel looking bulishIt's not a investment advise it's only for educational purpose please do your own research before invest.
Long BhartiairtelThis is not a investment advice it is only for educational purpose. please do your own research before invest
