Bhartiairtel
BHARTIART, formed rising wedge pattern, with double confirmationswing trade
buy at -554
target -568-569
stoploss-548
airtel is near to the horizontal resistance on daily candle chart.
1.It is in rising wedge pattern. (daily)
2.In hourly chart it shows a trendline breakout with confirmed retest, also a shooting star candle formation.
NOTE : sorry for delayed publishing, the half move is completed, but we can still earn money within short duration as described above. ALSO IF THE OPENING PRICE BREAKS THE TRENDLINE THEN DO NOT GO FOR THIS ANALYSIS.
futher details will be published later
ENJOY TRADING...!!
Bharti Airtel Intraday Breakout Chart NSE:BHARTIARTL
Bharti Airtel can give good move tomorrow if today's high level ( 540 level is broken) .
Can give good move upto 552/560 levels. Target,stop loss depends as per your RR.
(This is my analysis and shouldn't be used as a trade recommendation as I am not an experienced trader.)
Bharti Airtel Flexes Its Relative StrengthMonthly Charts force us to take a step back and give us no choice but to identify the direction of the primary trends. We use these charts to put shorter-term trends into context and this exercise is particularly useful when the market is experiencing heightened volatility. Some stocks are handling the recent selloff better than others, and one of those is Bharti Airtel which is pressing up against all-time highs. This is a massive long-term base and a move above 530 would confirm the start of a new long-term uptrend. Positive momentum and relative strength are the characteristics we look for when picking stocks, especially during environments where a lot of stocks are struggling to gain any upside traction.
BHARTI AIRTEL KEY LEVELS SUPPORT AND RESISTANCE 20/04/2020Key Levels for BHARTI AIRTEL:
UPPER BREAKOUT~504.30
FIRST TARGET~507.25
INTERIM RESISTANCE~511.35
FINAL RESISTANCE~514.55
LOWER BREAKOUT~498.10
FIRST TARGET~494.55
INTERIM SUPPORT~491.30
FINAL SUPPORT~488.10
Please trade with caution and consult your financial adviser before trading.
BHARTI AIRTEL KEY LEVELS SUPPORT AND RESISTANCE 17/04/2020Key Levels for BHARTI AIRTEL :
UPPER BREAKOUT~504.25
FIRST TARGET~508.40
INTERIM RESISTANCE~513
FINAL RESISTANCE~517.80
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LOWER BREAKOUT~495.35
FIRST TARGET~490.25
INTERIM SUPPORT~486.65
FINAL SUPPORT~479.35
Please trade with caution and consult your financial adviser before trading.
BhartiAirtel "The most awaited pattern Cup and Handle"These types of breakout chart are seen once in lifetime. As shown in the chart BhartiAritel has formed cup and handle. After 570 it should fly as rocket. The target should be considered from the bottom of cup. This can turnout into multibagger.
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Disclaimer
I’m one of several internet enthusiasts who trade in stocks in cash segment of NSE and BSE and invest in mutual funds.
I am NOT a SEBI registered advisor or a financial adviser.
Any of my investment or trades I share on are provided for educational purposes only and do not constitute specific financial, trading or investment advice. Any Advice or information on this website is general advice for education purpose only and does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here.
I never share a stock tip but if you find any stock discussions, the idea is to provide the educational information based on actual trade or actual information available about the company in the public domain.
Most SEBI registered advisors or the brokerage houses provide stock recommendation with a price target and stop loss but do not share how and what is the basis of such recommendation. I prefer to share how one can calculate those stop loss and target levels based on chart patterns.