Bharti Airtel chart Analysis and setup (CASH MARKET)
BHARTIARTL
With past 3 days heavy selling bharti market has turned to negative from sideways movement.
So the setup for Swing Traders is to sell into strength around swing sell zone for 7-15 days maturity with given stop loss. one can buy in the money PUT options and keep stop loss as per cash level given on chart. Do not forget to Use the Targets & Stop loss levels mentioned for exits
Short Term traders can wait for Short term sell zone where market needs to fill a gap indicated on chart from where a sharp reversal to down is expected. Do not forget to Use the Targets & Stop loss levels mentioned for exits
Disclaimer : I am practicing analyst working for myself and i am not SEBI Registered . Treat the above idea as a educational purpose only.
You can have a look at my recent trade setup ideas which i have attached to this file for ready reference :)
Happy Hunting :)
Chintamani
BHARTIARTL
With past 3 days heavy selling bharti market has turned to negative from sideways movement.
So the setup for Swing Traders is to sell into strength around swing sell zone for 7-15 days maturity with given stop loss. one can buy in the money PUT options and keep stop loss as per cash level given on chart. Do not forget to Use the Targets & Stop loss levels mentioned for exits
Short Term traders can wait for Short term sell zone where market needs to fill a gap indicated on chart from where a sharp reversal to down is expected. Do not forget to Use the Targets & Stop loss levels mentioned for exits
Disclaimer : I am practicing analyst working for myself and i am not SEBI Registered . Treat the above idea as a educational purpose only.
You can have a look at my recent trade setup ideas which i have attached to this file for ready reference :)
Happy Hunting :)
Chintamani
Trade active:
Today Bharti Stock came down till swing targets without giving us entry to short. Wait for pull back to swing sell zone and try to sell it with stoploss given . the trend is weak and will eventually break again :) . Thanks to Adani entry in telecom ;)
Trade active:
Today it may give us entry at swing trade level cmp:656+ waiting to enter trade with stop loss :)
Trade active:
#bhartiairtel watch this pattern now , swing sell triggered , keep Stop loss in place now for swing trades
Trade active:
Short Term Sell Active since today morning , Keep Stop Losses in place and trade if you have taken the short side.
Sadly Swing Trade Stops have hit :( but part and parcel of the bet.
i am expecting sharp sell off again as Bharti is not participating with huge corpus like jio according to my expectation in spectrum auctions going to be held next week
Sadly Swing Trade Stops have hit :( but part and parcel of the bet.
i am expecting sharp sell off again as Bharti is not participating with huge corpus like jio according to my expectation in spectrum auctions going to be held next week
Trade closed: stop reached:
Bharti Airtel Update : Sadly , Stopped out on all Short Term Trade as well.
