Bhartiairtel
Bharti On Good Support ....Soon Will Hit 740+++As of its on its Trendline support which is looking strong and Accumalation Zone .....
One can Take trade @ CMP 702 For Target 740++
Safe one can take above 715 for 740++
With SL 682
Something Happning in Telecom Sector becz Last Week Idea Perform gave 30% return in 3 Trading Sessions....
Bharti Airtel - Bearish Bharti Airtel showed a very poor uptrend marred with volatility. This leads me to believe that the uptrend was in fact weak. Now there seems to be a change in polarity. Bharti Airtel took a confluence of resistance from the trend line and its previous resistance.
Preferred trades: 720 CE short. But be careful, Bharti Airtel is known to bring nasty surprises.
This is just a short-term trade, in fact, I'm super bullish on Bharti Airtel for the long term.
Bharti Airtel Looks strongBharti Airtel Looks strong
Reasons/Traits :
• Harmonic pattern gets activated once 708 level is sustained to form a bullish bat or crab pattern
• Price closed today above 13 EMA
• Price took support @ 0.382 fib retracements levels from higher high and closed above 0.236 today
• RSI and volume increasing
What can happen next :
Scenario 1 : Price sustaining above 710 can take it to 720/740/760/780/800 levels
Scenario 2 : Price break down below 675 levels can take it down to 650/640/620/600/580 levels
(right issue can lead to revision in prices, need to see)
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
Bharat AirtelSo be carefully in ur money
That means retail trader
It's will be 5g launching service
Airtel company was expecting India's first
5g launching company it will be somthing India's ultra speed network in india
One news negatively may seller in this area
Goodluck
Use 4h time frame 2 intraday trade one stock
Multiple you can
I already tested my own
My snake band pricing strategy
Good brain of yours, not a luck.
Bhartiatl LongI hope you can now see how Bhartiartl represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BHARTIARTL Long Trade BetAll Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
The Idea is for Educational purpose only
At Last, do your own analysis, before trading your money!