An Uptrending stock gives many opportunities to enter in it. But...we miss many of them assuming it as a reversal or before we enter the stock moves much higher again and Risk/Reward ratio is unfavourable for our trade. Here I am with another tried and tested strategy to find whether it's a pullback or trend reversal and the most IMPORTANT...enter before the...
Whole telecom sector was under pressure since long yet stock had performed good by looking @ chart now we can say stock has came out of some sort of resistance line and will gain momentum in short term bullish on charts
BHARTI AIRTEL - TRADE OUTSIDE THE RANGE CONSOLIDATING WITH ANOMALIES TRADE ON PROPER BREAKOUT WITH VOLUME + PULLBACK
BHARTI AIRTEL SHOWING SIGNS OF SELLING CLIMAX IF IT HOLDS 396 DEN CAN SEE GOOD UPSIDE AGAIN TILL 595 LEVELS
Will it form dual bottom? will it recover to 500 odd zones in no timr ? will it crash to 360 odd zones ??
BHARTI AIRTEL LOOKING FOR LONGS AFTER BREAKOUT WITH HEAVY VOLUMES
Look at the movement of the price from the chart. Is it amazingly good. All we need to do in this chart is for years we would have been went for buy at support and sell at the trend line resistance. It works all these years perfect. learn technicals and enjoy each and every trade you take. Tradersasi.
Explanation on Chart.
Looks like its rounded top,,, May be it will take support at 200EMA, otherwise looks like it will hit trend line, lets see...
#Bhartiartl in watch list. Probability of breaking down is higher. Point of distribution getting lower. Will wait and watch action around 540.
Pls refer chart.
buy Bharti airtel above 598 targets 605 615 623 stop-loss 584
It has given a triangle breakout which is suggesting 565-570 as long as it remains above 532
FOLLOW THE SYSTEM AS YOUR KNOWLEDGE