Bharti Airtel is trading @ATH after 1-year-old resistance BO. Looks good for swing traders at CMP.
SO, The news is up, Mr.Kumar Mangalam Birla has stepped down as a CEO of VODAIDEA, and seeks help of government, Airtel has shot up completing a "w", Listen this is a major resistance on AIRTEL, The longer is the cup the longer it breaks, Entry point posted on BHARTIAIRTEL.
It is about to give breakout or breakdown. In this pattern for almost 4 and half month. Let's see how it goes further. This post is for information purpose only.
Bullish mode as per the below analysis Camarila R4 Breakup Channel break Moving average 20 40 200 break
We can expect decent moves in coming days. Rsi above 55.
LAURUS LAB....... This script is on the verge of a big BREAKOUT. This itself shows sign of NO LOOK BACK Continuously Outperforming MIDCAP INDEX 17 Days of falling candles completely Engulfed by '2 Days Bullish Green Candle" This happened when Broader market showing sluggishness Hold for 1 year,It can give u 3X ROI
NIFTY 50 EOD ANALYSIS -05-08-21 IN SUMMARY Open / High / Low / Close 16288.95 / 16349.45 / 16210.3 / 16294.6 Trading Range Low to High: 139 points Likely Max Realistic Opportunity @ 50%: 69.5 points India VIX: 12.87 / --2.57% FII DII activities: +12 Crores CHART BASED CONCLUSIONS Nifty made yet another gap-up opening and yet another ATH close. Another...
Bharti Airtel consolidating in a parallel channel after a rally on 15 min time frame.
The chart is self-explanatory.
Though Airtel has given a breakout from the triangle but it is still trapped in a zone and there is a lot of resistance before it flies, so be careful before you make any new position.
Details on Chart Note: This is for educational Purpose only
airtel long initiated today with hedge of aug expiry tgt 586/600 Sl days low will watch it.
bharti airtel chart analysis for intraday and swing trading
Bharti Airtel trying to break out of a symmetrical triangle after taking support from the demand zone.
Bharti airtel after making a high of 623 in February is in consolidated state moving on a verge of breakout of a Symmetrical triangle and also key area of 550-552. You can buy it with a stoploss of= 520 and initial target of= 576. and second target of 600 below all time high.also you can trail SL on the swings made.
Airtel is having a triangular pattern and can make a huge move either Up Or Down
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