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
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Bharati
DAILY SWING CALL //Wednesday 09th of June 2021 // INDUSTOWERDAILY SWING CALL //Wednesday 09th of June 2021 // NSE:INDUSTOWER
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 257.4
TARGET: 296+ (15% Around)
STOP LOSS: 231 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
bharati airtel for 08/06/2021NSE:BHARTIARTL
Formed double bottom at 520 levels after a huge fall(hint for trend reversal)
currently moving up respecting the marked trendline.
today the stock broke the previous high of 535.7 and made a new high. It faced profit booking later and it is now currently testing the previous high 2nd time(535.7)
Currently, the price is at good value and I will consider entering tomorrow with 5min close above 538.5 only with a gap up open.
If it opens flat it may go down as well. I am Planning to enter only with gap up open.