BHARTIARTL trade ideas
BHARTI AIRTEL New All TIME HIGH Chart Analysis BHARTI AIRTEL Now Looks bullish in Short time Frame.
New All TIME High...?
I told you last post 520 and 530 is very Strong support Level in 30 minuts Chart Time Frame so retrace and Bounce back from exactly Support level .
and I opened call at 13/- ( 560 ) so achieved my Target and gave me 100% Returns within 2 Days.
now trading 562+ and 560 call price is 25+.
but i think still not stop tomorrow it would be hit New all Time High and I can expect 600/-
Still My Target is 600-640/-
hope you enjoyed with my call.
Support : 530/-
Resistance: 553/569/-
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Bharti Airtel forming a perfect wedge patternThe daily chart of Bharti Airtel shows a accumilation zone from 525 to 550. This zone is crucial, a break out on the upside can move the stock to upword of 600 which is the previous high. However the breakdown would mean the longs accumilated would soon close their positions and would take the stock downward of 500. Would be interesting to see what happens this week
BHARTI AIRTEL Technical Analysis LTF Target 560 CEBHARTI AIRTEL Now Looks bullish in Short time Frame.
I can expect some bounce from here and already bounce from the Support level at 520/-
520 and 530 is very Strong support Level in 30 minuts Chart Time Frame.
I will open 560 call for intraday.
Support : 530/-
Resistance: 553/569/-
Trade with carefully.
keep an eye on chart if support breakdown then I will exit from this trade.
and if Hit our target I also booked my Profit.
This is Not Financial Advice.
#DYOR
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