both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
if price is taking rejection from 780 level and making bearish view then you can short it.
if price is giving breakout with bullish candle then you can buy it .
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk...
Megaphone pattern is a continuation pattern which is formed When market is very volatile. For the valid megaphone pattern atleast 2 Higher High and 2 Lower Low should be present.
Bharti airtel is has a Trendline in 4H time frame if it breaks below we could see a good downmove.
consolidating in a range for 22 days then it fill the gap. now it is sustaining in small range for 2 days
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Consolidating past 12 days
Even the market fall has no impact on the stock
All sellers looks absorbed
Any break and pullback above the range initiates a buy
Sl can be kept below 760
Tgt expected around 820
kind of ascending triangle pattern . price take support from trendline
gap is pending in above side so it can fill the gap.
buy above 781 and target is 791 .
put your stop loss in logical place and follow your risk management .
as a day trader we have to prepared for both side so zone are marked for downside also
keep learning from your mistake.
do not overtrade guyss
How to Trade with Support & Resistance Levels
Always Try t buy Near Support Zone --- Airtel Support Zone - 765 - 780
Always Book Profit Near Resistance Zone --- Airtel Resistance Zone 860 -865
Exit From Stock if Any Candle Closes Below Support Zone - 765 - 780
Time Frame - Weekly
Bharti Airtel retracement done after breakout from 760
new target can be 880 from ST to MT
sl should be in ur mind is 730-725
5G bringing good time for stock
study the stock before investing
Bharti Airtel is very bullish in any time frame. The stock was trading in the range for the last one year. Last Friday it has broken the resistance and closed at all time high.
CMP: 799.90
Target: 904 (13%)
SL: 748 on closing basis in the daily time frame
After a long consolidation, Bharti Airtel has again given a breakout but points to watch
- 5 Ema has crossed 8 and 13 EMA
- MACD has not crossed the signal line but tends to cross
- Volume is not good enough as per the breakout
Any suggestions, please comment
NSE:BHARTIARTL
