We will open with gap down today as BHARTI AIRTEL well placed on technical chart.In gap down Buy BHARTI AIRTEL in range 485 - 490 with SL 480 TGTs 520.90 / 525 / 538.35
Key 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.
Key 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.
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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I’m one of several internet enthusiasts who trade in stocks in cash segment of NSE and...
Key Levels for INFRATEL :
Upper Breakout~176
First Target~178.75
Interim Resistance~182.05
Final Resistance~185.15
**Lower Levels**
Lower Breakout~169.90
First Target~165.65
Interim Support~161.10
Final Support~155.95
Please trade with caution and consult your financial adviser before trading.
Key Levels for BPCL :
Upper Breakout~349.70
First Target~357.15
Interim Resistance~361.55
Final Resistance~371.35
**Lower Levels**
Lower Breakout~339.85
First Target~334.90
Interim Support~329.30
Final Support~322.50
Please trade with caution and consult your financial adviser before trading.
Key Levels for BHARTI AIRTEL are :
Upper Breakout~465.45
First Target~472.35
Interim Resistance~479.25
Final Resistance~486.20
**Lower Levels**
Lower Breakout~456.40
First Target~451.10
Interim Support~445.20
Final Support~439.35
Please trade with caution and consult your financial adviser before trading.
Bharti Airtel
CMP 540
Telecom sector had been out of flavor for a long time now.
However the current chart pattern reflects things have changed and possibly changed for the good. Bharti Airtel has now broken above the parallel channel after 12 long years.
Could this be a signal that the worst is over...
Only time will tell.
But the current setup suggests ...
Dear Traders,
As mentioned in the chart, After a long bull run, the stock should retrace to the mentioned demand level.
so if you would get the supply area buy nearest otm put option for making better money
Thank you
As we can clearly notice that the stock has taken support at multiple levels and the short term RSI has got oversold. The volumes on the falling candles is not too great. All these indicate that the move down may be corrective. The RSI is into bullish zone with MACD above 50 levels. This also indicates strength. 501 – 502 may be seen as a minor resistance above...
