bharti airtel chart analysis for intraday and swing trading
if it sustain 620 level in one day time frame ,then it can give a handsome investing opportinuity because sustaining 620 level is a multiyear breakout.
Bharti Airtel This is what was posted on July 04, 2021 when Bharti Airtel was at 525 - momentum might come in once closing is above 560 (on a weekly or monthly closing basis) - the importance of 560 was derived from February 2021 month candle (Shooting star candle)- where the Open was at 559 and close was at 556 but intraday high was at 623. That...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
BHARTIAIRTEL Target Hit . Entered @ 552 CMP-600++ 9% done.
Bharti Airtel consolidating in a parallel channel after a rally on 15 min time frame.
bharti airtel chart analysis for intraday and swing trading
Sell @557, SL-561, TGT-550 Buy @567, SL-563, TGT-574
The chart is self-explanatory.
In this weak market also Airtel has given strong closing..I am long here
Bharti Airtel is in Range and wait for breakout. If it breaks 580 with good volume one can go long with minimum risk.
Due to the formation of a symmetrical triangle pattern, we may expect a breakout in a few hours or days. There are many chances for a breakout to the upper side but there is still a little possibility for a breakout to the lower side of the triangle
In last trading session, BHARTIARTL gives bullish breakout of its symmetrical triangle pattern. After this breakout expected in short term time period we will see target of 695+. Possible Trade: Buy BHARTIARTL Above 540 Stop-Loss - 520 Target - 575 620 695+
Based on the trendline. should show some upmove soon. Disclaimer : Analyse yourself before Trading. This is my own view.
airtel long initiated today with hedge of aug expiry tgt 586/600 Sl days low will watch it.
In this bearish market it is showing some strength. Something positive may come on this countter soon
Airtel could go for a multiyear breakout. Keep in watchlist. Im not an expert and i just started trading recently. Just wanted to share my views. If there is any mistake or if there needs to be some improvements in my charts please comment. And pls follow