Airtel
AirtelBHARTIARTL (Airtel) formed a triangle pattern.
Be ready to grab the break-out. Stay tuned with me by following @GKS_TEJA. I will update when it will break-out.
A small question:- which type of triangle pattern it is?
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply whether it good or bad just reply to this article. That's it for today.
Thanks for reading.
Disclaimer:- It's just for educational purposes.
BHARTI AIRTEL short sell opportunity for tomorrow .Try short-selling using paper trade. Stock is about to touch support and perfect indication from MACD. Just one day Profit booking opportunity.
Keep trading keep growing, Follow for more ideas, like + share this chart with your friend. Thank you.
Triangular Pattern in Bharti Airtel.Triangular pattern is the most effective pattern in Chart analysis, If you can figure out these patterns its very easy to make 2-3% of the stock. Just dont Enter on the break out wait for the retracement and take confirmation from cpr.
A multiyear breakout on the wayyellow line pretending to be a resistance
Resistance placed at 635 go long if Weekly close above 635 +.
LOng swing trade on bharti airtelfirst target 576
second target 591
third target 665
sl of 530 on daily closing basis
high risk reward tarde
Airtel is bullishAirtel is moving in an upside parallel chain, making it bullish.
#positional
Buy Airtel at 526
Tgt: 550, 580, 630+
Sl: 486
Timeframe: 2-3 months
Bharti Airtel travelling in a channelIt is forming a rising wedge kind of pattern. Plan your trades accordingly.
bhartiairtel breakoutas we can see thhe buying level around 524 for the target of 530-535 with the sl of 518.
Bharti Airtel - 60min Chart - Technical AnalysisAs 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
Stock Analysis of Bharti AirtelDt. - 24-12-2020 Price- 517.3
On a daily chart, the stock made the hanging man candle along with a double top. The stock also faced resistance at dark blue trendline. This all indicates the stock can correct some more before moving up. Stock can come down till horizontal support line placed at 488.80 or the purple trendline. It looks like a stock can break the symmetrical triangle in a few days and that can give a nice return of 7-8%.
RSI is neutral.
Bharti Airtel Intraday and Technical AnalysisAs 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
Bharti Airtel - Technical Analysis - 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 )
BHARTIARTL formed a head and shoulder in 15 min time frameAFTER breaking 500 level it can go up to 480 is my view. what is your view 🤔📉 ? comment below ⬇⬇
BHARTI AIRTEL GOT MY ATTENTION! IS IT WORTH IT?Hey Traders,
Rv here
Hope you guys are making handsome ammount in trading,
and if you are not
here is a chance for you to get into a good trade
"BHARTI AIRTEL" - Looks quite interesting as it's retracing back after breaking a Important Resistance Level
So Enyter if The Price Touches 497-500 area
SL about 493-495
Target- Let It Run
Hope it will help
If its useful please do like my post
Thanks!
-RV THE TRADER
