This analysis is purely based on price action and Chart Patterns. The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade logic with SL and Target is explained in image itself. Check the idea linked below to understand the Breakout on Daily Time Frame. Entry can be made above the high of breakout candle or wait for...
Wait for the candle close Above And Below Resistance And play Accordingly
The price has entered the range in between 10 & 30 EMA and has closed above 10 EMA with a good green candle. Seems like the beginning of an uptrend. 10 EMA has crossed above 30 EMA before a few days and we have got the rebound confirmation also. 15% target possible in a few weeks.
I will Sell Airtel at current price or 491 and hold it for 424 with stop loss of 495
NSE:BHARTIARTL Taken Support at 10 DEMA. Ready to bounce back
THREE 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....
dont trade in the yellow zone go long above it go short below the zone
BHARTI AIRTEL WAS IN A DOWNTREAND NOW REVERSAL IS HAPPENING...
Bharti Airtel is at its crucial support level if it breaks it down I will short it and will wait for high returns.
As per the Technical Analysis Chart Pattern, BHARTI AIRTEL Share INTRADAY view. The potential upside with the break out above 433.50. We can follow the strict Stop Loss of 429. It will only Buy After the breakout of the upper trend line which is acting as a resistance level. Intraday Target can be taken as 439 as first and 445 as the second. Traders, If you...
Wait and watch for Bharti now. Is it weak hands flushing from the system..? Either way, wait for a reversal from its strong support zone of 400 before any move.
Bharti Airtel seems to trading in the range of Rs.240 to Rs.450 on Monthly Charts. There is also a RSI divergence for Feb 2020 & Jul 2020, thus the big fall from high of Rs.596. It’s monthly 20 SMA is placed around Rs.429. If it breaks 429 it might take support @ Rs.400 or Rs.370 or Rs.350.
Descending triangle breakdown
Bhartiartl bounced back from major support. If breaks yellow line with good volume good to buy for gap fill. Else no trade.
Here's a chart showing Bharti's movement. As you can see, in both cases we had a reversal at the top with a wedge formation. the Second drop was a sharp move below the ichimoku cloud. Markets and charts are a reflection of traders' psychology. I'm expecting a similar pattern to evolve again as we continue to test resistance and fail before correcting atleast...
Bearish Gartley Bharti Airtel. Airtel has shown good rally on Friday. A bit more upward movement is there. Once reached PRZ (Potential Reversal Zone) area Wait for Reversal Confirmation on lower time frame candle stick. One can short with a given Stop Loss. Always use Trailing Stop Loss. Chart by Krishna
We have seen from the past how airtel has bounced from 200 day Ema. We are expecting the same.