BHARTIARTL trade ideas
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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Bharti showing Cup & Handle with Ascending Triangle formationLet me know your views.
On the daily timeframe Bharti shows a Cup and Handle pattern over 2 years and is near a breakout.
Its currently in an Ascending Triangle formation with breakout above 590.
Bharti ARTL price at Resistance wait for price to close above resistance this is looking perfect bullish to me.
and off course i am bullish in this one
Resistance should become weak now #Nifty Bharti Airtel has been trading now for quite some time in range and has tested its resistance multiple time which makes now the resistance weak, just with little volume support it will be ready to heads towards its next Resistance Level No.2
BHARATI AIRTEL 15MNBEARISH Deep Crab for SCALPING
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
Price Breaks Red Trend line considering ABSORPTION Volumes + BREAKS OUT Scalping BUY is good probability
BHARATI AIRTEL 1HRBEARISH BAT Will price come into PRZ Zone of Bat Pattern
Or as it being a TYPE2 Entry for BEARISH AB=CD can we expect REVERSAL from AB=CD
with LOW VOLUMES & confirmation from a BEARISH CANDLE with RSI Below 70
POTENTIAL SELL
BHARATI AIRTEL 15MNBEARISH Deep Crab for SCALPING
HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME Bars
price need to Come into PRZ ZONE then with confirmation from a BEARISH CANDLE with RSI Below 70
POTENTIAL SELL
BHARATI AIRTEL 4HRBEARISH BAT ......If price breaks Symmetric Triangle to UP expecting price to Retest Bat PRZ
POTENTIAL SELL
Long Bhartiartl With Stoploss of 560.15 and Target 577Long Bhartiartl With Stop-loss of 560.15 and Target 577..
We are not SEBI registered and this is only for educational purpose..
RansomMultiyear breakout on monthly.
Nice base formation around ATH region.
Waiting for close above 590
584 ABOVE IT CAN BUY FOR 640 LEVEL WITH STRICT SL 569JUST FOR EDUCATION PURPOSE NOT FOR ANY BUY OR SELL
