Hi Investors/traders.
In my previous post on bharti airtel , I showed a red buy zone in fig. where I shared investors and traders can entry if not taken out.You can see a pink circle candle took support and in later move, this zone was tested and traveled to red dotted zone. If this hurdle is taken out then you can see prize...
We have seen the Chart of Bharti airtel on daily & hourly time frame. On bullish side stock to be taken for long entry. Today stock has been trading with high volume & formation of Triple bottom break out has been done. Now stock is trading above 50 EMA . Now for next trading session this can be taken after 575 for the target level of 595- 605. if stock able to...
Reversing from strong resistance and given a breakout of trend line.
Currently at 550 level and already trend line breakout yesterday.
incase if market trend is negative, can go for short on this. 550 to 540/530/520 levels
Add to watch list.
Key Levels for BHARIT AIRTEL : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~585.85
FIRST TARGET~591.80
INTERIM RESISTANCE~597.80
FINAL RESISTANCE~604.85
LOWER BREAKOUT~580.25
FIRST TARGET~577.25
INTERIM SUPPORT~573.15
FINAL SUPPORT~567.90
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
please watch the daily chart of Bharti infratel. Clear breakout has been seen on the charts . This can be taken for long entry. Stock level is going to shift in uptrend. on daily charts its moving above 50 EMA. The next level for stock is 240 . Always do trading as per your Reward to Risk ratio only means Never risk more than you can afford to lose on a single...
Bharti Airtel had given a good breakout recently and is now trading near its all time high.
After retracement, there is possibility of movement above 612.
Fundamentals of company look strong too.
Disc - Holding it in my portfolio.
Trade as per your RR
NSE:BHARTIARTL
Airtel recently broke its 10 year range
After brekout it has formed a flag pattern in lower time frame
Can take a trade once the flag breakout is happened
Bharti Airtel : Dips can be a good buying opportunity.
Wave-5 still pending which should go around 625 - 630 levels..
Lets not hurry. Wait for proper buying signal before entering.
