BHARTIARTL Analyse 4hBHARTIARTL is for sale and when it approaches resistance we take our profit at 540.80 and we wait for a candle to have a spring effect on resistance and we position ourselves as buyers and take profits at the 2nd TP 600.95.
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BHARTIARTL est a vendre et quand il approche à la résistance on prend nos profit à 540.80 et on attend qu'une bougie fait un effet ressort sur la resistance et on se positionne en tant des acheteur et prend les profits au 2ème TP 600.95
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BHARTIARTL trade ideas
Bharti Airtel Ltd (Bhartiartl - NSE) - ABC wave patternBharti Airtel Ltd (Bhartiartl - NSE) is in ABC wave pattern as zigzag moving downside after completing c of y wave upside in daily time frame. It is in 4th wave of c down in 30 min time frame with life time bigger volume, which indicates the end of temporary trend upside and in the C wave down it will probably fill the downside gap which created by 5th wave. In weekly time frame its choppy and no need to count the waves.
Bharti Airtel's Relative Performance ShinesBharti Airtel is in the news this week as its parent company Bharti Telecom decides to sell $1bn in stock to retire debt. Here’s the relative chart of Bharti Airtel vs the Nifty 50. This outperformance shows accumulation by institutions and suggests that any meaningful weakness will likely be met with buyers. Both the absolute and relative trends in Bharti Airtel suggest that any short-term weakness created by this week’s news should be viewed as a buying opportunity. As long as the stock is above 490 on an absolute basis, its long-term uptrend remains intact and suggests much higher prices in the months/quarters ahead. More info in the blog post linked below.
Bharti Airtel News Creates Buying OpportunityBharti Airtel is in the news this week as its parent company Bharti Telecom decides to sell $1bn in stock to retire debt. Here’s Bharti Airtel’s weekly chart showing its 12-year base breakout from earlier this month. Momentum has waned a bit on the upside, but overall this structural breakout remains intact as long as prices are above 490. Both the absolute and relative trends in Bharti Airtel suggest that any short-term weakness created by this week’s news should be viewed as a buying opportunity. As long as the stock is above 490 on an absolute basis, its long-term uptrend remains intact and suggests much higher prices in the months/quarters ahead. More info in the blog post linked below.
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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