In last trading session, BHARTIARTL gives bullish breakout of its symmetrical triangle pattern. After this breakout expected in short term time period we will see target of 695+.
Buy BHARTIARTL Above 540
Stop-Loss - 520
Target - 575 620 695+
Hey traders, here is an amazing trading opportunity .today bharti airtel had given successful breakout from a PENNANT PATTERN with a very good VOLUME .
BUY @ 549
STOPLOSS @ 519
TARGET 1 @ 580
TARGET 2 @ 615
KEEP TRAILING STOPLOSS:)
Airtel could go for a multiyear breakout. Keep in watchlist. Im not an expert and i just started trading recently. Just wanted to share my views. If there is any mistake or if there needs to be some improvements in my charts please comment. And pls follow
CMP- 538 (enter when the price drops to 510-520 level)
SL- 510 (closing basis) 499 (more structural)
-500-520 level of #support formed with good VOL
-Fib retracement 50% of the previous rally
-Major EMA's flattened out
-Delivery in VOL have increase on these level shows accumulation
-The triangle is in the verge of end (price may break either-side)
Bharti airtel after making a high of 623 in February is in consolidated state moving on a verge of breakout of a Symmetrical triangle and also key area of 550-552. You can buy it with a stoploss of= 520 and initial target of= 576. and second target of 600 below all time high.also you can trail SL on the swings made.
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