Monthly breakout of cup and handle after approx 13 years 300 point cup and handle so cup 519+300=819 possible educational purpose only
Bharti Airtel broke its support with huge volume .
BHARTIAIRTEL Analysis BHARTIAIRTEL Sell- Below 490 SL 510 Target- 475 440 420 Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us Like Us Share with fellow traders Also check the below related ideas for other stocks.
Date: 03 May 2021 Bharti Airtel is formed a Rounding Bottom Pattern
BUY @525-530 TARGETS - 530-550, 550-570++ STOPLOSS - 518
Stock of bharti expected to take support from the level of 520. This is the major support area of value. Long above 525 TGT 555 SL 505. This is for your educational purpose only.
it has been observed that It is making the clear handle and cup the formation, this is the demand zone of the stock. that gives us a good upside of 15%-20%.
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.
Bharti Airtel - Cmp 559 Looks good for initial target of 612 with sl 505 on closing basis. Reason: Breakout and closing above resistance level of 550.
NSE:BHARTIARTL buy between 535-545 SL 528 T 565, 578, 605
Price is reacting on the LTF Demands, the Quasimodo is always a strong in LTF also.
BHARTI AIRTEL LOOKS GOOD FOR TOMORROW ! WAIT FOR CLOSING/RETEST ABOVE SUPPORT/RESISTANCE. IF OPEN BIG GAP UP/DOWN THEN AVOID OR TRADE ACCORDING TO PRICE ACTION ! TRADE WITH PROPER RISK MANAGMENT FOLLOW FOR DAILY ANALYSIS !
on 5 Min chart Frame a Trend Breakout noticed for Bharti Airtel Share. Breakout is having a good volume as well as price action. Seems a good Long bullish trend can be seen in upcoming time for Bharti Airtel.