Bharti Airtel divergence candidate only above 870
for tp of 878-880
rsi positive divergence seen on daily tf
dc: only for educational and learning purpose
Looking at 4 reasons why we are just out of the first powerplay in Bharti
The move from 800 to 900 took about 2 months. Generally stocks trend for 3-6 months
The street is still underweight Bharti (because of Jio) - this result could see it cross 900
This stock has moved from a stock market makers used to love (with IV < 15%) to one where IV > 21% - thats...
Bharti continues to be a good trade on the long side. The markets are a tad soft after a big run from 16800 levels - and a bit of a soft period for the Nifty in the next couple weeks can be expected. So would stay light on the long side as of now - very selective. However Bharti is one stock would stay very productive on because
Shake out on 14th of June -...
I would look for shorting opportunities considering the huge rejection wick on the trend line, Please take trade according to the market direction and also wait for 1Hr or 30mins candle close for confirmation.
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BHARTI AIRTEL
My fevorite Setup Box Break out.
Look Good For buying for 1-2 week Target 855-860.
After 835 we can trail our Stoploss
This is only for Educational purpose.
Taken Swing Trade on Triangle Pattern Breakout.
First Target 3% based on the body of the Triangle pattern and 2nd Target 6 % based on 1:2 Risk Reward Ratio.
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Chart Patterns insist me the above titled opinion
REASONS
1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines )and right now down swing move is under process(in the form of descending channel)
2. In the weekly time frame , it looks alike a Bearish pennant formation and given breakdown out of...
Bharti Airtel is a very popular stock in the Telecommunication Sector, It has an average delivery% of 60%(last 1 year) and in a few days the big guns are taking delivery of it with more than 66% with increasing volume.
Technically speaking it is making a beautiful support at 760 levels.
I am planning for a long trade.
EXPIRY is 27th MAY
-1x 25MAY2023 760PE -...
Bharti airtel in weekly Time frame is consolidating in a range for the last 8 weeks. Also price is moving inside of 9th Jan weekly candle high & low and any side breakout and breakdown will be fast & furious. I would like to go long around 740-750 level which is breakout retest zone also with SL any day closing below 733. If i get entry near 740/750 then my...
![BHARTIARTL: [SWING TRADE] BHARTI AIRTEL 1D](https://s3.tradingview.com/y/yqNNVvTg_mid.png "[SWING TRADE] BHARTI AIRTEL 1D")
