Due to the formation of a symmetrical triangle pattern, we may expect a breakout in a few hours or days.
There are many chances for a breakout to the upper side but there is still a little possibility for a breakout to the lower side of the triangle
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+.
Possible Trade:
Buy BHARTIARTL Above 540
Stop-Loss - 520
Target - 575 620 695+
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
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:)
~~~
Bharti Airtel is giving opportunity for positional traders by forming symmetrical triangle on daily time frame, breakout can give buy and breakdown can give sell opportunity.
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.
#98 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
