BHARTIARTL trade ideas
BHARTIARTLVERY LONG TERM SELL SETUP :) WAITING FOR THE PRICES TO TOUCH THE SWING LOWS.
NOTE: MY VIEW ONLY....
617 SAN; News based trade (Intraday)Risky play
News is Airtels Biggest Quaterly loss
Gap down near 320 leads the price to push 317 to 315 or 310
An explosive move , but where?Airtel has an interesting pattern. There is a 5 wave complete pattern which is either an Ending diagonal or a Triangle. Depending on which one it is, the next move could be very swift - either up (in case of a triangle) or a down(in case of an ED). Need to wait for a clear confirmation for continuation.
Supertrend green signal. ADX positive. Buy at Now. Traget 0.5 % Supertrend green signal. ADX positive. Buy at 323.80. Traget 0.5 % to 0.8%. Day trading. I'm in now
AIRTELWill the falling subscriber base lead to further pressure on bharti airtel ?
Chart says market will decide it tomorrow.
Trade on the conformation of breakout as per Monk strategy.
High Probability Trade - Bharti AirtelIf holding longs in Bharti Airtel, please exit on any bounce. It is in the process of Making a flat channel. Best buy is in the area of 240 with SL. if those levels are held we might see the highs again. The recent move down looks like an impulse. Best to stay away from longs in this counter. Short on rise for ultimate target of 240.
Bharti airtel next move.Bharti broke out of the rising wedge as expected and gave some nice gains, as of now Bharti is looking good for some retracement and would be again ready for a short sell trade once it breaks out of the bigger wedge.
NSE::BHARTIARTL Sell For 18 Dec 2018 NSE:BHARTIARTL sell initiate for 18 Dec 2018 using 30 minutes chart based on Fibonacci levels,
check below Sell level :
Sell Below : 313.1
Stop Loss : 321
Target : 308.1
#BHARTIARTL CASH : LOOKS GOOD ABOVE 292.6#BHARTIARTL CASH
14 OCT 2018
LOOKS GOOD ABOVE 292.6
STOPLOSS 290
TGT 294.80/297/300
(RISK FREE ABOVE 295 FOR 300++)
CMP 290.2
