Bharti Airtel trying to break out of a symmetrical triangle after taking support from the demand zone.
Airtel is having a triangular pattern and can make a huge move either Up Or Down
looking strong taken triangle base support good consolidation can show 550/568/600 with support of 520 on closing basis.
Small risk around 2% reward 7%
520 TO 530 IS THE GOOD LEVEL TO STOCK TO BUY IN THE LONG TERM PERSPECTIVE. THIS IS THE GOOD LEVEL YOU CAN BUY AND HOLD FOR LONG TERM
NSE:BHARTIARTL buy between 535-545 SL 528 T 565, 578, 605
AIRTEL can be bought at current price 530-540 range for short term target 620+
Airtel was down after Double Top pattern. Now again moving up from Support zone. Check for buying volume. R1 568, R2 609 NS E:BHARTIARTL
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.
tomorrow 30/12/2020 airtel buy above 525 target 532 market did respect the breakout then v go sell target 517 512 and 509 to 505
Today Bharti Airtel has broken out of the Reverse Head & Shoulders pattern with volume and is moving up towards it's target of 600+ One may go long with a stop loss of just under 474. The first target is 560 where it may consolidate a little before zooming to 600+ Cheers!!
Airtel Gartley Pattern Don't Blindly Enter... Keep watch Retest For Previous High... Targets mention on chart...
Note: This is for educational support only. Bullish flag pattern breakout with high volume. RSI above 58 confirms bullish momentum.
NSE:BHARTIARTL there is divegence in the airtel and i want to know weather this divergence is hidden or bullish or bearish every body see and let me know ,,,,my view on this is bullish and hidden divergence is occured the price is on correction and has still more potential to go up unless any news impact on this