According to technical analysis, airtel is bearish. we shorted at 5689. the important thing is the proper risk-reward ratio which you can see on the chart . and if a trade goes against us we will go long ( after checking volumes). Another important thing to keep booking some profits.
swing trade buy at -554 target -568-569 stoploss-548 airtel is near to the horizontal resistance on daily candle chart. 1.It is in rising wedge pattern. (daily) 2.In hourly chart it shows a trendline breakout with confirmed retest, also a shooting star candle formation. NOTE : sorry for delayed publishing, the half move is completed, but we can still earn...
After good retrace from the high Airtel may go for testing high again Check the chart for price levels
Airtel gave and nice pull back after testing all time high Good to enter Details on chart
NSE:BHARTIARTL AGAIN THE PRICE @ HIGH CAN THIS BE CONSIDERED AS DOUBLE TOP LETS SEE IF THE PRICE GETS REJECTED HERE
Before going up it has to come and test the previous resistance If we can see some reversal then we can go long
Follow the charts... Play based on the criteria... Do your own analysis also....
Bharti airtel formed a flag pattern and its trading in a range for the past few days, expecting a breakout in the pattern, in next few days.
Bharti Airtel had a nice move up. It rallied up to the heavy resistance region with decreasing steam. Would like to see a small correction here. I'll be a buyer at 515.
Wait for the price action at the support line
NSE:BHARTIARTL this is verl complicated just note down the points
INTRA-DAY TRADE BHARATI AIRTEL MAY FUT SHORT@539.2 STOP@544.25 TARGET@530 QTY=3702 RATES ARE AS PER SPOT PLEASE ADJUST FOR FUTURES
Airtel has broken out of it is long 4 month old triangle and is now starting big move! You can expect to see 800 levels in the next 3-6 month *this is not a recommendation but educational analysis*
If airtel brakes resistance 535.90 Then T1 541.40 T2 548 & T3 551.85
Triangle Formation. Wait for 500.
NSE:BHARTIARTL I DON'T THINK THAT AIRTEL CHANGED THE TREND IT WAS JUST A CORRECTION OR A MOVE FOLLOWED WITH FRIENDS THIS STOCK AGAIN ON TRACK AND MOVING FOR THE WINNING THE RACE AFTER SOME CORRECTION IN SHORT TERM PRICE TO WATCH IS 530 AND AFTER THAT ITS HIGH AND THEN NEW HIGH