tomorrow 30/12/2020 airtel buy above 525 target 532 market did respect the breakout then v go sell target 517 512 and 509 to 505
Bharti Airtel has often faced strong resistance at the trend-line as indicated. This time too, the breakout is not decisive (YET at the time of posting). Keep this on the radar. Please like and follow. NSE:BHARTIARTL
Bharti Airtel - 526 by 15th Dec
#BHARTHIARTL .THERE IS A HIGH PROBABILITY FOR A BREAKOUT OF CUP AND HANDLE PATTERN GREEN LINES ARE TARGETS,RED LINES ARE MAJOR SUPPORT AND RESISTANCE CONSIDER THESE POINTS BEFORE ENTERING INTO TRADE; WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE DONT ENTER ON FIRST CANDLE...
as we can see thhe buying level around 524 for the target of 530-535 with the sl of 518.
Closing sentiment was very bullish and it is at break out zone and can expect to touch its 530 levels where also has great option interest. If the market openes above the buyzone 1 then expect a pull back to 516 and look for buy entry with respective upper targets. If it fails to hold 516 levels then we can expect short opportunity till buyzone 2 & buyzone...
Bharti to take long entry after the BO of Resis area above the 522 for the target price of 565 with SL 510. good risk to reward trade. in all TFS stock is in uptrend & expected to move higher.RSI is also forming positive divergence. This is for your educational purpose only.
#bhartiairtel #dailytf
As per Chart Bharti Airtel Monday Morning goes to up @ 528.20 ( Wick level High only ) but 1 hour close @ 521 After that it will be comes to down @ 400 range ( within few days or weeks ) Reason correction side second wave almost completed only retest remaining so After retest it will travel on 3rd wave (correction) So Becare friends
As per hour chart corrections are doing tmrw correction wave 2 will be completed (505 to 510) 3rd wave may take down to target 490, 480 to 475 then rest @ previous strong support and take invert U turn as on 09 dec 2020 the stock upward 505 to 510 then it will take reverse to downward
As per 15min Chart, Bharti airtel coming days it may comes down still 5th wave of correction not completed so down to previous support ( 497 to 477 )
After the breakout of Inverse head and shoulder pattern in BHARTIARTL it was consolidated in range. In today's session, it did breakout of this consolidation zone. It will continue its bullish rally towards the 597 for the short term. It will face next immediate resistance at 560. Possible Trade: Buy BHARTIARTL above 515 Stop-loss 496 Target 560 597+
BhartiAirtel was trading in a range from last few days and finally managed to break its range. Entry is above the breakout candle and length of the range being the target.
Bharti Airtel is consolidating in a zone. The no trade zone and targets for either side breakout is mentioned.