champtrade111

BHARTI AIRTEL -- INTRADAY SETUP - 12/05/2022

Long
champtrade111 Updated   
NSE:BHARTIARTL   BHARTI AIRTEL LTD
BHARTI AIRTEL - INTRADAY SETUP -- 12/05/2022

15 MIN CHART.

1. V SHAPE RECOVERY CHART PATTERN

2. WAVE TREND SEEN DOUBLE BOTTOM at support

3. RSI MID RANGE above 45 daily chart

4. stock currently trading above 200 SMA

5. CHANNEL SUPPORT SHOWN support at 720-722

** Resilience seen last 2-3 trading session in falling market


BUY BHARTI AIRTEL Between 720-722

TARGET 725-730-735

stop loss 710


** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** TRADE AT OWN RISK

HAPPY TRADING. !!
Comment:
INTRADAY SUPPORT 715-717
INTRADAY RESISTANCE 728-735
Comment:
seems open GAP DOWN 150-200 Points again this morning we have to update intraday trade structure accordingly ..i will revised new trade setup at live market
new buy, stop, target will inform after 9.15 am today. 12/05/2022
Comment:
BUY BHARTI AIRTEL BETWEEN 705-715 Target 725-730 Stop loss 690

9.10 am 12/05/2022
Comment:
BUY ONGC BETWEEN 155-159 TARGET 162-165 stop loss 150

9.10 am 12/05/2022
Comment:
bharti airtel strong intraday support 705-708 Buy at this level intraday --9.35 am
Comment:
ONGC strong intraday support 158-159 BUY this level intraday -- 9.35 am
Comment:
NIFTY AT HIGH OVERSOLD LEVEL ! 9.40 AM
Comment:
till now lee buying is seen , nifty look consolidating for some time . before breakout or breakdown ! 10.50 am
Comment:
BHARTI AIRTEL stop loss bellow 690
ONGC stop loss bellow 154
Comment:
BHARTI AIRTEL BUY 705 FIRST TARGET 715 HIT ! intraday next target 720
Comment:
1.40 am
Comment:
bharti airtel book final profit above 715
13.50 pm
Comment:
ABOUT INTRADAY BHARTI AIRTEL TODAY.
BHARTI AIRTEL intraday setup change due to more then 150 points of gapdown
according to change trade setup bharti airtel bought at 705 Support level and sold at 715 level, after nconsolidation nifty break intraday major support 15850 and fall bellow 15800 bharti airtel fall inline with nifty bellow 710 at end of session .

overall BHARTI AIRTEL intraday trade successful even such a sharp fall of nifty around 300 points today !
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