Bhartiinfratel
INTRADAY ANALYSIS - BHARTI INFRATELHi Traders,
This Stock has created a higher high and is trading well above the 50 SMA. We have the immediate support at 211.35 and 205.10 levels. The price can continue trending upwards after a pullback to these levels. We have the golden zone between 200.05 and 195 levels, If price respect the golden zone then the further upside of this stock is limited. You can use any strategy to enter at these levels. We dont recommend a blind entry at these levels without confirmation. A chart pattern in the 1m timeframe at these levels can be a good confirmation.
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BHARTI INFRATEL, Time to Buy?Considering the divergence happened supposedly after the "C" Wave, cement the idea of getting a "Buy" chance. However, it is better to wait for a continuation pattern.
INFRATEL | NSE | AnalysisHello guys!
Infratel seems to be forming an ascending triangle, and holding the strong trend line.
Price has been rejected at support 4 times as indicated with arrows in the chart.
It is now closing in on the top resistance, if broken / flipped will aim for new all time highs.
MACD and Stoch RSI support the bias.
BHARTI INFRATELTHE PRICE NEAR THE STRONG RESISTANCE OF 242 , IF THE PRICE HOLDS THE TREND LINE AND CROSSES 242 AND SUSTAINS THERE WE CAN SEE THE PRICE TO RESTEST PREVCIOUS VPOC RETEST OF 247 , IF THE PRICE RESITANCE AND COME BELOW THE BREAKDOWN LEVEL WE CAN SEE RESTEST OF POC 226 AND THEN 220 , WITH OVERALL NIFTY TREND IT SEEMS STOCK WILL ATLEAST RETEST 242 LEVELS AND COME BACK TO BREAK DOWN LEVEL MARKED IN CHART TO TAKE SUPPORT , THE LEVELS ARE MENTIONED FOR 1-2 DAYS INTRADAY TERM AND NO LONG TERM ,
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BHARTI AIRTEL Profit and TARGET Achived BHARTI AIRTEL Now Looks bullish in Short time Frame.
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+.
Still My Target is 640/-
hope you enjoyed with my call.
Support : 530/-
Resistance: 553/569/-
This is Not Financial Advice.
#DYOR
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BHARTI INFRATEL | ANALYSISLooks good so far, i'm expecting this to go till the sell region and retrace 38.2%.
- AB=CD Pattern identified in chart.
Bharti Infratel , 75 Min Analysis Hammer Pattern , With Long Consolidating Phase ,
Go Long Above 175.50. SL:- 165.5
Select Your Target as per your Risk Appetite .
Happy Leaning .
SHORT ON INFRATELAs you can see Arrow1 it can be a flag formation.
Condition for that flag formation is price should not break 294.05. Great Volume on Arrow3 may be suggest reversal trend or may be situation can be same as shown by Arrow2 .(Great volume = smart money generally)
For short sell around 276.70 (SL 281) , First Target 266 Second Target 250.......
infratel is good if it again comes at 420 -30 levels for 500++++i am bullish on infratel and see upside target 500 510
strict sl 410
INFRATEL broke inverted H&S necklineThis stock was in falling channel from 2015 before finally turning the trend after bottom in early this year, after price broke out of the falling channel of two years stock price started inverted H&S pattern. This week's closing candle closed above the neckline briefly and setting the target to 490 level to the upside from current level of 404 per share. This is good setup with decent risk reward ratio if taken now.
