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
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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
Bharti 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...
Bharti Airtel Ltd. (BRTI) target 740
Airtel strong Breakout with high volume. Good momentum stocks . Airtel paid 5G spectrum amount.time to go for long. Get ready for the profit. Thank you.
📈 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...
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
Bharti Airtel on a daily timeframe Analysis.
Note
This is for educational purpose only.
Please consult your financial advisor before investing or taking any trade.
Will Bharti Airtel Cross the 800 Mark ?
Well Super Trend is yet in sell mode, Bollinger Bands shows chances of reversal while Fibonacci Extension Indicates a run till 845 can be possible in case of a reversal.
As Bharti airtel is completing it's Harmonic Bat Pattern. Kindly check the PRZ levels.
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Buy when once price go below 684 (Penetrate this level) and after that price must be close above 684. This is a buy point.
Stop loss@677.15 closing basis.
Target 1@692.00, Target 2@699.15
Airtel, is an Indian multinational telecommunications services company based in New Delhi, India. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands.
Revenue: 1.01 lakh crores INR (US$14 billion, 2021)
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.
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HAPPY TRADING:)
Telecom 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...
