Descending triangle can be observed in daily chart for AIRTEL with Head and Shoulder pattern. Near term trend looks bearish. Super trend is negative as well. Disclaimer: Only for educational purpose. Not a recommendation.
Rs 300,000 Cr Mcap Both the non JIO players have returned -8% this year. Interesting Wave like stock chart pattern. With literally no pricing power and huge Capex every decade, wonder when will this industry make any decent profits. Rs 520 seem to be holding the Fort, once that gives away...its will be a lost signal.
Triangle pattern formation on 3 mins chart, stay tuned.
The daily chart is forming a "Cup and Handle" pattern. Wait till the pattern is complete. Once the stock starts closing above 560 level, it can move up to 620 / 660 / 700 levels initially. Get out if closes below 520.
crosses and sustains 550.... look for 570... doesn't sustain 550 level... then the target is 520 !! be ready with 570 ce and 520 pe
Bharti Airtel CMP - 523 Stop - 499 on DCB Expectation - T1 - 575 T2 - 650, Review at 575 Expected Holding Period - 60 trading days or earlier for T1 Ideas being shared only for educational purpose
Date: 03 May 2021 Bharti Airtel is formed a Rounding Bottom Pattern
Cup and Handle pattern confirmation on daily chart and the downward move has started. Target of 394 with 30% pullbacks in the coming weeks. Also note that RSI has sharply fallen below 40 levels indicating a strong downward pressure.
Buy.......................Explanation in Chart. For Educational Purpose only.....
In the hourly chart, we can clearly see that Airtel is breaking its resistance of 604. And if we put Darvas box in the chart than Darvas box also generated a buy signal on the chart. Take long positions for the target of 622.
Bharti Airtel Long Disclaimer: Trade on your risk and appetite.
Bharti seems to be finally breaking out of the 500-520 range. The next resistance zone is 545-570. 570 will be very interesting to watch since if Bharti starts to fall from there, it might create a long term head and shoulders pattern and fall back below 400 easily. With the payments bank news around the corner, it can go both ways. I'm staying long, for now,...
This stock it has break a down trendline with good RSI strength and with Huge volume addition. For a weekly setup we well see move towards 240 and there is a possibilities that this will take halt at 240 level and break this level will see good up move.
as we can see thhe buying level around 524 for the target of 530-535 with the sl of 518.
My idea on Bharti Airtel Target 492 to 480
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!!