My personal view on Bharti Airtel.
As we can see after a huge consolidation Airtel gives breakout.
If breakout sustain then it can give a good moves toward 600 level.
if breakout fails its can touch its previous support.
Tata Steel Double Top Pattern the Amazing Moment. if Tata Steel
break out this level and market stand in 1260 upside then we will be got 1300+ level few months
Tata Steel is poised for the next phase of growth even as it continues to stay the course on deleveraging.
Over the next five years, the average India capital expenditure is estimated at Rs...
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
NSE:BHARTIARTL
So As You Can See Bharti Airtel Is Ready For A Great Breakout After A long Consolidation..
What I Am seeing In This Chart is A Triangle Formation Is making in Price It Will Breakout And Retrace Back To It's Support then It Will Go For A Bull Run My Time Horizon Is After Breakout For the Target is 3 Weeks.
Cup & Handle retest done in monthly
Descending triangle in hourly
Retracement towards 200MA in 2hrs
Will take a good move from here.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
Check these Upcoming ideas - still active
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Bharti Airtel
Observations
- we are looking at monthly chart for Bharti Airtel
- since March 2021, the stock has not done much and is consolidating
- the stock is consolidating above the breakout green line and
- a Cup & Handle Pattern is still intact that has took 14 years in the making (a scotch would add value in that long period 😉)
Would that be the...
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.
Airtel my 🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂 triangle pattern break out then sustainable 5 candle then may buy opportunity this
Charts education porpoise not recommend buy or sell buy or sell ur risk
Airtel consistently taking support around 520
If it's breaking dynamic trend line can enter into trade.
1st Target will be 577 and 2nd target will be 589 in couple of days
Stop loss will be 527
