Bhartiairtel
BHARTHI AIRTEL- CUP & HANDLE FORMATION#BHARTHIARTL
.THERE IS A HIGH PROBABILITY FOR A BREAKOUT OF CUP AND HANDLE PATTERN
GREEN LINES ARE TARGETS,RED LINES ARE MAJOR SUPPORT AND RESISTANCE
CONSIDER THESE POINTS BEFORE ENTERING INTO TRADE;
WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM
SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
DONT ENTER ON FIRST CANDLE AND WAIT FOR MARKET BEHAVIOUR
FOLLOW NIFTY & SECTORS FOR DOUBLE CONFIRMATION
ENTER ONLY ON PROPER POINTS.AVOID TRADE IF YOU ARE NOT ABLE TO ENTER ON THE CORRECT POINT
DONT TRADE AGAINST TREND AND INDICES
FOLLOW FOR MORE TRADE IDEAS AND INFORMATION
Trade setup for BhartiArtl for 28 Dec 2020Closing sentiment was very bullish and it is at break out zone and can expect to touch its 530 levels where also has great option interest.
If the market openes above the buyzone 1 then expect a pull back to 516 and look for buy entry with respective upper targets.
If it fails to hold 516 levels then we can expect short opportunity till buyzone 2 & buyzone 3.
Overall this stock is more on buy on dip.
Bharti Airtel again at break out level.Bharti to take long entry after the BO of Resis area above the 522 for the target price of 565 with SL 510. good risk to reward trade. in all TFS stock is in uptrend & expected to move higher.RSI is also forming positive divergence. This is for your educational purpose only.
Bharti Airtel - 60min Chart - Technical AnalysisAs per Chart
Bharti Airtel
Monday Morning goes to up @ 528.20 ( Wick level High only ) but 1 hour close @ 521
After that
it will be comes to down @ 400 range ( within few days or weeks )
Reason
correction side second wave almost completed only retest remaining so
After retest it will travel on 3rd wave (correction)
So Becare friends
Bharti Airtel Intraday and Technical AnalysisAs per hour chart
corrections are doing tmrw correction wave 2 will be completed (505 to 510)
3rd wave may take down to target 490, 480 to 475 then rest @ previous strong support and take invert U turn
as on 09 dec 2020 the stock upward 505 to 510 then it will take reverse to downward
Inverse Head and Shoulder Breakout in BHARTIARTL For Target 597+After the breakout of Inverse head and shoulder pattern in BHARTIARTL it was consolidated in range. In today's session, it did breakout of this consolidation zone. It will continue its bullish rally towards the 597 for the short term. It will face next immediate resistance at 560.
Possible Trade:
Buy BHARTIARTL above 515
Stop-loss 496
Target 560 597+
BHARTI AIRTEL GOT MY ATTENTION! IS IT WORTH IT?Hey Traders,
Rv here
Hope you guys are making handsome ammount in trading,
and if you are not
here is a chance for you to get into a good trade
"BHARTI AIRTEL" - Looks quite interesting as it's retracing back after breaking a Important Resistance Level
So Enyter if The Price Touches 497-500 area
SL about 493-495
Target- Let It Run
Hope it will help
If its useful please do like my post
Thanks!
-RV THE TRADER
Cup & Handle Breakout in Bharti Airtel DailyIndia's telecom giant Bharti Airtel has given a cup and handle breakout on daily charts.
One can buy near 498.
For the target near 550 - 560 and app 595.
SL for shorter target stop loss can be below 480 , while for the longer target stop loss shall be below 457
Trade as per price action.
Bharti Airtel breaking Reverse Head & Shoulder Pattern today!!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!!