BHARTIARTL 30MNBULLISH Shark@0.886XA as Potential reversal zone
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
BHARTIARTL trade ideas
long on bhariairtelLook like BHARTIAIRTEL has completed triple three pattern (WXYXZ) and if this pattern is correctly identified then primary trend upward is going to come. If I would give 3-4 weeks time to analyze this.
If it starts going down then I will exit else its good long trade.. chances are high for reversal here.
both side targets bharti airtelbuy above 573 for target of 590
sale below 558 for target of 545
in both case make stop loss if bought above 573 will be 570
sold below 558 will be 562
On Weekly Pattern It formed Flag and Peanut Airtel Is ready to Breakout and Close above 600 will make it bullish, and can shoot up another 20% easily. in 2-3 months.
SL 530
TARGET 720
BUY ABOVE 600 WHEN CLOSED ONCE
Results are superb, better than street expectations
For educational purposes onlyWhn the candle comes near green line
below key level and it starts to go up then is a good time to enter. Stoploss can be kept below the key level
BHARATI AIRTEL LTD 15MNBULLISH BAT For SCALPING
Strong POTENTIAL REVERSAL ZONE Whenever price touched PRZ of BAT every time Target levels are reached
POTENTIAL BUY
BHARIAIRTEL ::: POSITIONAL SHORT24 JUL 2020
INSTRUMENT: BHARTIAIRTEL
TIME FRAME: WEEK
PROCESS: WEEKLY CHART
MY ANALYSIS:
BHARTIAIRTEL IS MOVING SIDEWAYS FOR SOME WEEKS NOW.
STOCHASTICS CONFIRMING BEARISH DIVERGENCE.
IF INTERESTED IN DOING JOBBING ON INTRA DAY BASIS YOU CAN TRADE BETWEEN 594.65 TO 560.50.
IF YOU ARE INTERESTED IN SOME GOOD PROFITS AND ARE INTERESTED IN HOLDING FOR SOME TIME. WOULD PREFER BUYING PE OPTIONS.
AS YOU CAN SEE THIS IS WEEKLY CHART WOULD PREFER SHORTING BHARTIAIRTEL
SHORT BELOW 536
WITH A STOP LOSS AT 561.
FOR TGT. 01: 487
TGT. 02: 459
EXTREME TARGET: 419.
RISK DISCLOSURE :
Technical analysis oF FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
575 BREAK AND WE GOTO VALHALLA !!!LONG CONSOLIDATION SHOULD BREAK SOON .. TARGET 612 MIGHT WICK TO 626
SL 559
Crucial support in AirtelAirtel has been weak for few weeks and with recent investments and customers acquisition was done in and by Jio will be tough for all the telecom giants including Airtel Hence Shorting it with the target being the next fib level and putting a stop-loss at the nearst significant HH or High of a candle will give quite good RR
W- Pattern not an Escape this time !Bhartiairtel seems to be forming similar W pattern with heavy volume on the bullish side the stock is in range movement since many weeks on daily time frame and a near breakout from W pattern is imperitive. Watchout to mint it
Follow us on twitter and t e l g m :
BHARTI AIRTEL; LONGSTRONG CONSOLATION BW 600 AND 540 RANGE. TRIED TO BREAK 600 MANY TIMES BUT COUDNT CLOSE ABOVE 600.WATCH @ 600 BREAK OUT CAN LEAD TO GO FOR "HH".
STRONG SUPPORT @ 555.
1ST TGT AFTR 600 BREAK OUT 660
Looks Like another rejection of BhartiAirtel #NiftyYesterday stock again tried its best to cross its multiple time tested resistance level but again it fails to do so, it could be another consolidation and will take some time to confirm its another new swing high.
BHARTI AIRTELNSE:BHARTIARTL
Follow the trendline for the rising pattern, it has closed in its resistance area, if it clears this and stays above 595.
It can be a long with 595 as support for 605 and 612. If 600 is respected, it may scale new highs.
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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