Riya_roze

Is Bharti Airtel measuring our patience? / daily chart analysis

NSE:BHARTIARTL   BHARTI AIRTEL LTD
Hello friends , Thank you all for prioritizing my idea. hit the like button and also follow for new update.
let's talk about chart.. we have to conditions after break or while retreat from resistance.

here we can see some Area where No trading activity founded it Is outlined as "Area Zero " and trend-line is breaking every previous Resistance.it has just broken this resistance and made a new one at 606.20
we can find magnet line where the price often touches. we have funded 3 magnet lines M1 , M2 and M3. every line can be our target.
here if price will break resistance at 606.20 then we can buy because it will be bullish or it will play move in trend channel like this and again touch at magnet Line. price have shown rejection by tail at 361.80.
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(0) well we should wait for breakout or when failed to make new Resistance. lets zoom in this point
if it will fail to make new Resistance we can see this :
because of some fundamentals , position is buy but we are not running on base of news so we will wait for signal to take position.patience will give us profit.
"news base trading Have high Risks" but we can afford only 1:3 (Risk:Reward)
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it's better to wait for Signal and perfect entry...
Thank you for you ... :)
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Comment: Thanks for motive me and giving your view
Comment: Let market open...
Comment: founded gap with -25 pts.
Comment: If it will cross 560 then we should get a new low.
Comment: New post on Asian paints have been updated of you will read only this post you don't have to read book related, "price action"

Comments

So you are expecting 500 level before it breaks high?
+3 Reply
@ArmanB, means Break up?
+1 Reply
@ArmanB, less chance for breaks high . News base run may cause of breakout.
Reply
Thank you For likes and comments...............
+2 Reply
Please share investment time when to buy Airtel
As I m new trader, avoid intraday bcs of too much losses in my very first last month April2020
Ur Analysis r excellent
+1 Reply
Riya_roze sUMITmitra
@sUMITmitra, Let market open..
Reply
can u post more stock ideas if possible and u r analysis is awesome
Reply
Great Analysis.
Reply
you are best work in tradingview
Reply
good work Ma'am
Reply
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