BHARTIARTL - on Long term trend lineOn Weekly timeframe BHARTIARTL is close to trend line
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BHARTIARTL trade ideas
BHARTI AIRTEL BULLISH VIEWBHARTI AIRTEL PRICE RESPECTING PARALLEL CHANEL AND BOUNCE SEEN FROM SUPPORT. ALSO HIDDEN BULLISH DIVERGENCE ON DAILY CHARTS SO PRICE MAY MOVE UPTO 623 IN FEW DAYS
Bharti AirtelBharti Airtel forming a symmetrical triangle pattern and everything mentioned in the chart.
Airtel chart based analysis
Airtel looks good for targets of 620 in next week. Breakout after proper consolidation may even result in higher targets of upto 650 within a month
Bharti Airtel intraday 15th febLong and short opportunity shown.every support and resistance lines can be exit targets
Breakout in AirtelPrice coming from higher time frame demand zone and consolidation going from few days, now time for good Breakout in Airtel
Bhartiairtel to transcend UPit was a bad last two weeks preceding the last one for the stock , but a strong price action should take place since high significance at this level in the past was witnessed.
bullit can be open in down bt in every time frame it seems bullish i thinj after 9:30 we can think to buy for intraday when it comes to down what do u thimk about it guys
Bharti Airtel Chart Analysis Bharti Airtel rounded top formation completed and but got support from the 400
First perspective
According to the analysis
1, It got support from 400, that is very strong support zone (360-400)
you can check monthly and weekly time frame to get an idea
2, Break down of this support zone, will leads to 275 target then 225 will hit (note: will take more than 6 months to hit the final target) (Higher chance)
3,next week is very crucial for bharti Airtel, weekly close above 420 will leads to min target of 500.
Second perspective
1, Bullish engulfing and follow up bullish candle, suggest short term bullish view. that to match with the 3rd point of first perspective
2, Formation of inverted cup and handle, handle will ends in 0.382 or .500 of cup height ie, 500 & 520 (Short term - most possible one)
so short term bullish, Potential reversal zone 500 or 520.
3, Short from 520 will hit 400. then 2nd point of first perspective
Third perspective
1, It will retrace up to .786 of cup height (Fib ret) and then start down move to 400
2, very weak one, move to hit 600 again to form double top and then start down move
3, very less chance, breakup of 600 to make new high
25.01.2021 Airtel forecastAt the mark zone huge sellers are activated, so this zone is no trade zone, above this price will move more up.
Bharti Airtel - Intraday Trade SetupBharti Airtel CMP - 602.65
Looking bearish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets
Sell at or Below 600 ONLY / Stop Loss 607
Target 1 - 595
Target 2 - 590
Target 3 - 585
Disclaimer: This is my view and for educational purpose only.
