Multi Year Trend Resistance Breakout - Bullish PennantTelecom Stocks picked up pace after the recent relief package from the Government.
Bharti Airtel being one of the top Challengers in the Telecom space is expected to show some upside, given the facts that :
1. It broke a multi year Trend Resistance
2. A Bullish Pennant is formed
3. Sustained Ride with two Bull Flags
4. Above MA Volume
5. ADX above 45 - Strong Trend
Movement can be expected in the direction of the breakout.
This is not financial advice. Please consult your financial advisor before taking a position.
Thank You :)
Airtel
Bharti Airtel 60 min demandBharti Airtel 60 min demand for Swing Trade (Few Days)
60 Min demand Zone (Rally base Rally )
On 240min time frame : Trend Up
Very low in the cure , Inside Daily Demand.
Reward-risk ratio (1:7)
Happy Trading.
:)
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a thorough research and Analysis a setup can fail due to any opposing News on the stock or on its Index or due to Market Volatility.
Hence ,if you trade on this setup kindly Take Position(Quantity) as per your Risk Management.
BHARTI AIRTEL ONLY FIGHTER FOR JIO READY TO SHINEBOLLINGER BAND BLAST MONTHLY DONE
HAVING STRONG POTENTIAL TO SHINE
RSI GOOD
VOLUME GOOD
MOVEMENT GOOD
MY FORMULA TO MOVE A SHARE on upside
UPSIDE movement of share only happen when= STRENGTH+HEAVY VOLUME+MOVEMENT
Bharati airtel meeting all criterion
Ascending triangle breakout pattern
breakout with volume already done
only target awaited
keep learning
enjoy on mcpriceaction
Bharti Airtel Breakout BUY intradayHello Friends
Bharti Airtel has just given a big breakout
Buy above 690 If it stay there for more than 15 min
T1 698
T2 705
Sl 685
Bharti Airtel is overall bullish according to indicators. But there can be a small correction in the next week
I have Bharti Airtel in delivery from level of Rs 535 And I am still bullish on it.
Remember when the fundamentals are good then a stock may show a corrections due to technicla but it will always give you good returns on a long term
I am learner just like you all and I am very happy to share whatever I learn everyday with you all and I am open to all your feedbacks
Thanku
Bharti Airtel Ltd - ATH breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
BHARTI AIRTEL Demand Zone FOR SWING TRADING = 60 MIN DEMAND
Bharti Airtel is in Uptrend on 4hour time frame and on 60min time frame there's a good demand zone where price is likely to take a bounce.
As a retracement trader one should wait for price to pullback at demand zone.
A good 5:1 Reward to risk is can be expected from this setup