BHARTIARTL 1HRStrong Bullish TREND from Daily Shark & Bat
price approaching strong bearish levels of 4hr & 1hr Bat as earlier this level given reaction
Buy
BHARTIARTL trade ideas
BHARATIAIRTEL - TUNE TO BULLSThere is break of ascending triangle; fall yesterday provides opportunity for longs. Long here and 353 stops 345 for move towards 370-380.
BHARTIARTL Resistance Trend line Breakout Done in Hourly time frame, Can go Long now or in Dips near 549, with Stoploss of 544, for Targets of 564, 571, 581, 591 & 600
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
buy bharti airtelbreakout happened in airtel. we can see 580/600 in coming days. view negated below 535
Airtel - Cup and Handle in the makingCup and Handle on chart. CMP 539 .
Important levels mentioned on chart.
Breakout Confirmation above 550.
BHARTIARTL - Up or down ?A descending triangle is a bearish chart pattern , lets wait for a breakout to take a trade.
Bharti Airtel Positional analysisHi all.
Hope all are doing well in markets & hope all are safe & healthy in this pendamic.
Here is the analysis & I see that on daily chart the Bharti Airtel is a trading in a range & please try to capture the movement once it breaks any direction. and stick to it with proper risk & reward.
If its on selling mode & if you need to work on correct Risk to reward ratio then make use of SLBM services from your broker.
Regards;
Baldev
Bhartiartl - Elliott wave analysis - ABC zigzag It is in abc zigzag move as B wave of ABC zigzag down, which is about to end. Then C wave down will start unless B wave will form complex sideways correction. If the drop will impulse down, then there is a chance of C wave down.
BHARTIARTL - Long at 538 Reason for the trade:
1)Rounding bottom (Price action pattern).
2)S/R Flip with good volume.
3)Pullback trade on long side at 538
Sample position sizing for the trade:
Portfoilio : 70,000
Risk : 2.00 %
Amount at Risk : 1,400
Stock price : 538.00
Stop loss Price : 528.00
Loss per Share : 10.00
No of Shares : 140.00
R:R ratio - 2.6 (Minimum)
Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Elliot Wave Correction and Demand ZoneStock Analysis: Airtel looks like price is in elliot wave correction cycle and price currently on demand zone (Marked green). Expected to get pull back once price close above weekly basis on current supply zone for at least next immediate supply zone target around 548 and closing above that level it will reach the subsequent targets . Let's see..
Happy Trading!
BHARTIAIRTEL SWING ANALYSIS BHARTIARTL WAS IN TIGHT CONSOLIDATION AND HAS GIVEN BREAKOUT TODAY SO LETS SEE IF WE GET SOME
BUY OPPORTUNITY IN BHARTIARTL AS IT REFUSED TO FALL FURTHER DOWN TO COMPLETE THE SWING SO WAIT FOR
TODAYS HIGH TO BREAK AND THEN WE WILL ENTER
bharti airtel buyingbuy bhartiairtel @ 528 to 530 with sl 512 close target according to your emotion or greed
