Bharti Airtel Ltd. - Breakout OpportunityDate : 15-Dec-2024
LTP : Rs. 1,681.75
Targets: (T1) Rs. 1,779 --> (T2) Rs. 1,944
SL : Rs. 1,511
Technical View:
• NSE:BHARTIARTL is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching a lifetime high of 1,779 on 26-Sep-2024, it has retraced 15% to 1,511 level.
• NSE:BHARTIARTL has breakout from it's secondary downtrend on 13-Dec-2024 with higher than average volume.
• NSE:BHARTIARTL has closed above 20 DEMA and 50 DEMA on 12-Dec-2024 and currently trading above 20 DEMA and 50 DEMA.
• RSI is in buy zone and trading at 63.85. MACD has given bullish crossover on 13-Dec-2024 and trading at 5.19
• Looking strong to start a new swing from here.
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Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
Airtellong
Bharti Airtel - Chart analysisAirtel 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
Bharati Airtel Short term Trading Idea Updated Support and Resistance For Bharati Airtel Stock
Bharati Airtel Support and Resistance For Trading
Taken Support on Demand Zone Lets See Which Target will Hit
Note - If you want any Chart Analysis for any Time Frame Msg me on Trading View I will Try my Best . Thank you . Please Share Our Ideas to Support Us
Bharti Airtel@breakoutBharti Airtel@breakout
Bharti Airtel strong breakout with high volume and momemtum created in day chart. last 5 trade delivery % volume increased to 65%
so strong upside are coming. BUY above 735.6 . NEXT TARGET 747,758,785 Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you
Bharti Airtel Broke Out !! #Airtel📈 Bharti Airtel 📉
It broke out from Resistance Zone after testing three times and it was inside a consolidation zone as well.
Yes, it has closed at high of Jan, Fab and March too. So I am biased on long side.
On Buy Side I am looking for initial Targets of 800 and 850.
StopLoss should be kept at 700.
It offers 1:2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Bharti Airtel (Detailed Analysis)Bharti Airtel (Weekly):
1. Stock has given Breakout from Falling Wedge
2. Also there is formation of Inside candle on the chart
3. Also, there is Positive Crossover of 5, 13 Weeks Exponential Moving Average
4. Also it is taking support at 5,13 Weeks Exponential Moving Average
Can consider Buying above 723-727
Note:
The above analysis is for educational purpose
AIRTEL HAS A LOT OF STEAM LEFT?BUY once it closes above the stage in 1hr time frame till the end of the day.
Cannot give targets as the markets might be very volatile after DIWALI... trail your stoploss with HHHL pattern in 30 min time frame.
FOLLOW me for more such content ahead.
Tille then,
HAPPY TRADING:)
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 :)
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
Target:- 911
Stoploss:- 657
Taking long position because of the resistance line break by the price and close above it. Also profit target is measure based on the price range between the support and resistance level and that distance is paste on the break out level or in the resistance line, and taking the highest point as a profit target. Stoploss is just below the resistance line.