Stock may go to make new highs in coming times
Seems live Wave 2 is about to start
Risk is high but looks like reward will be higher
View negates below 1500
Will wait for a pullback to accumlate more
- Stock price trading well above EMA 9, 14, 21, 50, 100, 200
- Volumes have leaped close to double over the past few months
- Weekly basis : Support at 1491 > 1389 > 1274 with Resistance only at ATH 1608.40
- Stock traded in price range marked on the chart for respective period between Aug 2021 to August 2022 and August 2022 to August 2023, before a breakout to...
Idea has got several major news in past few days !!
Strong volumes breakout as well !!
Breakout zone is 18.5 and above
Support is around 16
It can easily hit 27-35 levels in coming months !!
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India.
Bharati Airtel is currently looking good for level @1425 for...
Bharti airtel looking good
it is in demand zone
invest in CPM
most of the smart money enter in this zone
so most of the chances it's going to up side
my first target@1520
second target@1650
stop loss@1321
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always...
Bharti Airtel has finished Wave 5 according to the Elliot Wave Theory and is poised for a correction. We're currently anticipating a strong follow-up candle to the recent Lower High (Spinning Top Candle), which could signify a trend reversal.
ADDITIONALLY, ENDING DIAGONAL TRAIANGLE CAN ALSO BE SEEN.
Airtel give Breakout above imp level of 900 on weekly TF
It continued showed it's upside momentum and Made high of 1220+
Long term investors got Good Returns from the stock
It may come for Pullback around imp Fibo levels
Keep in Radar
* For Education Purpose
Practice and Learn price action setups
Bharti Airtel consolidating since a long time in 1D and 1H time frame. It has consolidated near the trendline and near the previous close.
Take long position once it breaks the trendline take SL and Target as shown in the chart.
Bharti Airtel Cmp 753.30 , from last one year stock is consolidating in a channel , if it breaks can see good moves in next 3 to 6 months
Must be on your watchlist
Plz do your own analysis before take a trade
Airtel is in bull run but not generating huge returns. From March it has given 20% ROI and from NOV-22 it has given around 2% ROI.
expecting the stock to test 850-860 and can expect to follow same bull trend for next 6 months to give a 10% returns. But if the support get broken, then we can expect a 5% drawdown
BHARTI AIRTEL trading between strong Support and Resistance. An upward or downward moment can be captured, if any of the zone is broken. Keep Watching it.
Bharti Airtel Swing can be taken for following reasons :
1) Stock is in weekly demand
2) Daily Timeframe after long time has broken out of consolidation and has given pullback indicating Bullish momentum to the upside
3) Stock also has bullish structure on 4HR
All timeframes are in confluence of each other. This confluence are enough for us to take trade
