BHARTIARTL trade ideas
Bharti Airtel Daily chart shows hidden Bearish RSI divergence Stock has bounce 25% from the bottom and have now formed bearish divergence at this level of 475.
Stoch RSi is in Overbought territory since 27th oct. I believe some correction is required towards 450 for another attempt towards 500.
Invalid if daily closes above 485.
BULLSIH TREND REVERSAL PATTERN ON AIRTELTHREE SOLDIER BULLISH PATTERN ON AIRTEL INDICATES TREND REVERSAL
MUTUAL FUNDS AND FIIs INCREASING HOLDING QoQ.
BUY IN SIP MODE ONLY IF SHOWS FURTHER IMPROVEMENT.
LIMITED COMPETITIOR IN MARKET
COMING UP WITH ATTRACTIVE PREPAID/INTERNET PLANS
PLEASE SEE CHART FOR FURTHER DETAILS
TARGET 1: 500
TARGET 2: 550
STOP LOSS : 395
**These are my personal observations. Please trade at your own risk.**
BHARTI AIRTEL 🚩 POSITIONAL BUYBHARTI AIRTEL 🚩
Buy zone levels
FOR FUTURES TRADERS
IN RANGE 391 to 393♻️
FOR POSITIONAL KEEP SL 378
FOR INTRADAY KEEP SL 386 CLOSE BELOW
SHORT-TERM TARGETS🔘
424/444/457
AGGRESSIVE-TARGETS🔘
466/486/515
NOTE : POSITIONAL LONG TERM TARGET FOR CASH 535
SL FOR DELIVERY BUY
360 CLOSE BELOW.
AIRTEL - After the mistakes comes the opportunityAIRTEL - After the mistake of not selling it when it was right, i bought it after the second big candle at reversal. Did not buy above the last AVWAP as there were 3 DOJIS, but now added after it went up above the AVWAP. Will be looking to pyramid as it goes up all its supports turned resistances.
DISC: Not a SEBI Registered. I post charts for my own study.
Bharti Airtel will it bounce again from its strong Support !!Is it weak hands flushing or bharti is officially a bearish airtel now :(
Chart looking for formation of completion of handle/cup, Header/Shoulder.. Key levels to watch 400. Minor support at 420.
A bounce from here can make it move for good !!
Bharti Airtel (Avoid or Short)Hi Everyone,
Here is my update on Bharti Airtel with regards to Technical Set up:
1. It has formed a bearish flag pattern which indicates further downfall in the share price
2. OBV trending downwards - which means huge selling interest
3. The more the price goes up, the more the sellers are coming on to sell this share. So there is a huge squeeze happening with the share price since Aug'20
We can see a price target of around 370 in the long term and for investors, it is better to avoid this share until we can see a good price above 569. Not much to talk about this technical setup as this doesn't provide much of a good technical setup.
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Disclaimer: This is an educational view and not financial advice
Thanks!