AbhishekHSinghCMT
Long

Bharati Airtel- Bullish Harmonic Setup is ready- Can it work?

NSE:BHARTIARTL   BHARTI AIRTEL LTD
599 7 20
As expected from 320-325 zone D-leg shall be done, which completes the setup for bullish harmonic pattern our key Support level is 282- which is X-wave low.

Bullish Harmonic Pattern


Larger Picture- As per larger picture -282 is very crucial as it X- Wave bottom & price invalidation level- going below 282- It will spoil the structure.
Trade active: 10:15 Hrs 26th Oct2016

Trading@319

Gap up opening today. Let us hope & pray that BA- reaches upside
Trade active: 09:15 Hrs 27th Oct2016

Trading@314.55

We are not looking for any close below 312-314 gap zone -it could spike down, but closing shall be important for us.
Trade active: 12:50 Hrs 27th Oct2016

Trading@318.55

Magical Gap Zone 312-3114 Supports Bharati very well.

Trade active: 12:52 Hrs 27th Oct2016

Sorry for typo- its 312- 314
Trade active: 14:03 Hrs 27th Oct2016

Trading@320

Bharati- I love you- Kindly do not take in wrong sense- I mean "Airtel".
Trade active: 10:05 Hrs 30th Jan2017

Last price@338

PRZ was good to hold -hope 338 crosses & sustains for an upside move.
Trade active: 13:49 Hrs 30th Jan2017

Last price@358

This is called awesome Bharati jumps from 338 above to 358 in 3 hrs.
Trade active: 18:41 Hrs 16th Feb2017

Last price@366

Recent High@372

Half Picture completed & other half is left- hope that too gets completed.
Trade closed: target reached: 14:30 Hrs 18th July2017

Last Price@411

Falls exactly from 430- Awesome!

As stated last - picture got completed & fortunate to see 430@18th July2017
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Wishes for this trade Abhishek :))
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The current upmove is very risky.....Many buyers likely to be trapped at higher levels
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Bearish Gartley on Hourly chart can be a hurdle for smaller time frame. Only if the pattern turns valid one.
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These patterns are very crazy sometimes they work & at times fail so we have to be very careful every moment -trading is a serious business.
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nirav5 AbhishekHSinghCMT
Yes absolutely. I have seen that eventually larger time frame pattern will have an upper hand. I also try wave count or RSI divergence or known Fib levels in order to check the harmonic pattern validity.
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result came positive so hopefully it will trigger it
Reply
Yes- let us see.
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