BUY @525-530 TARGETS - 530-550, 550-570++ STOPLOSS - 518
Stock of bharti expected to take support from the level of 520. This is the major support area of value. Long above 525 TGT 555 SL 505. This is for your educational purpose only.
it has been observed that It is making the clear handle and cup the formation, this is the demand zone of the stock. that gives us a good upside of 15%-20%.
Cup and Handle pattern confirmation on daily chart and the downward move has started. Target of 394 with 30% pullbacks in the coming weeks. Also note that RSI has sharply fallen below 40 levels indicating a strong downward pressure.
Bharti Airtel - Cmp 559 Looks good for initial target of 612 with sl 505 on closing basis. Reason: Breakout and closing above resistance level of 550.
NSE:BHARTIARTL buy between 535-545 SL 528 T 565, 578, 605
Price is reacting on the LTF Demands, the Quasimodo is always a strong in LTF also.
BHARTI AIRTEL LOOKS GOOD FOR TOMORROW ! WAIT FOR CLOSING/RETEST ABOVE SUPPORT/RESISTANCE. IF OPEN BIG GAP UP/DOWN THEN AVOID OR TRADE ACCORDING TO PRICE ACTION ! TRADE WITH PROPER RISK MANAGMENT FOLLOW FOR DAILY ANALYSIS !
on 5 Min chart Frame a Trend Breakout noticed for Bharti Airtel Share. Breakout is having a good volume as well as price action. Seems a good Long bullish trend can be seen in upcoming time for Bharti Airtel.
Bharti airtel is very strong on the charts its give breakout today from a long correction of 2 months. I think the momentum on Bharti can give 10% to 15% upside in the near time.
Disc: This is not a trading recommendation. Please do your own research or consult your financial advisor. Charts are for educational purposes only.
Cosolidation break in bharti airtel not with good volume but a potential long for 580 from current levels.
Buy BHARTIAIRTEL Buy Above 545 SL 540 Target 550 555 560
Go Long Target - Blue lines (drawn from Fibonacci)