This stock overall down trend and lower low formation create it ,To the hinger prices are 730-735 level is are break it, to go upside in 5% in target. buy price 730-735 and volume is are increase it
Bharti Airtel on a daily timeframe Analysis.
Note
This is for educational purpose only.
Please consult your financial advisor before investing or taking any trade.
Will Bharti Airtel Cross the 800 Mark ?
Well Super Trend is yet in sell mode, Bollinger Bands shows chances of reversal while Fibonacci Extension Indicates a run till 845 can be possible in case of a reversal.
📈 Bharti Airtel 📉
Bharti Airtel is nicely taking support at Upward Trendline since September 2021 and starting from Jan 2022 it is facing a resistance at 730-735 zone.
This pattern is finalised as a Triangle and on verge of break out.
My View : Most likely breakout will happen on upside as it is not forming lower lows anymore.
Disclaimer : Only For Education...
just wait for a breakout and hard close, if the breakout above and next candle is white then you can long, and tp at the dashed line, but if the break above and next candle is blue so wait for retest then at trend test long... with SL, similarly when breaking below
Airtel forming a head and shoulder pattern and wedge pattern is nested inside right shoulder. Watch out for price breaking out of the wedge. There is going to be good trading opportunity here.
Hi everyone, Bharti airtel mid term swingtrade consider buy above: 736, targets: 771/800, stoploss: 726.
LOGIC BEHIND TRADE: Stock has formed (W) pattern & about to give breakout if sustain above resistance can go upto it`s all time high (targets identified from xabcd/abcd pattern levels 1.618/1.131) stoploss is taken low of resistance candle. Stock look good for...
bharati airtel alread got breakpout from the mutiyear channel pattern even though we are late the consolidation period is to long which is almost than decade so that we can see some more up move in airtel so we can enter when there is a retracment and the tagret are near 900
According to candle stick pattern as well as support and resistance, any one can short BHARTIARTL below 718 with stop loss 723 for 708, and 700 target in intraday.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
As Bharti airtel is completing it's Harmonic Bat Pattern. Kindly check the PRZ levels.
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Buy when once price go below 684 (Penetrate this level) and after that price must be close above 684. This is a buy point.
Stop loss@677.15 closing basis.
Target 1@692.00, Target 2@699.15
Airtel, is an Indian multinational telecommunications services company based in New Delhi, India. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands.
Revenue: 1.01 lakh crores INR (US$14 billion, 2021)
After making the double top on weekly, it has taken a support on previous trend line, which is also 61.8 from previous swing low.
Also which happens to be 20 small band support, so that is three confirmations, for it to make another upswing.
Short Term Target of Bharti Airtel at present is 672.15. It has strong resistance at 733.90 and the Current Recommendation is to go short.
The same is for educational purposes only and the author is not responsible for financial loss.
