Bhartiairtelanalysis
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.
Stock Analysis Of Bharti Airtel & Bharat ForgeHi Traders,
Happy Diwali!
The video link given below box is all about the analysis of Bharti airtel and Bharat forge. This will give you a clear insight into these two stocks with great opportunities to time your trades. You just to understand the conditions along with support resistance levels.
Yogesh Vats
TRADE PULLBACKS LIKE A PROAn Uptrending stock gives many opportunities to enter in it.
But...we miss many of them assuming it as a reversal or before we enter the stock moves much higher again and Risk/Reward ratio is unfavourable for our trade.
Here I am with another tried and tested strategy to find whether it's a pullback or trend reversal and the most IMPORTANT...enter before the stock moves much higher.
So let's discuss Step by Step from STOCK SELECTION to ENTRY,STOPLOSS,EXIT.
I will also be discussing about the candlestick patterns and indicators for better accuracy.
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1.STOCK SELECTION:
.Broader market has to be in a uptrend (BULL MARKET)
.The stock should be from an uptrending sector
.The stock has to be in a STAGE 2 uptrending structure to QUALIFY as a stock for pullback.
For detail explanation of STAGES I have linked a post below:
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2.MOMENTUM INDICATORS
.RSI-- It has to be above 50 to increase the accuracy of the trade
.EMA 50--Slope of EMA 50 has to be positive
.MOMENTUM--If it is positive then it's icing on the cake
.ADX--While the stock is falling ADX should also fall to give a shade better trade.
.VOLUME--Should be low when the stock is falling as compared to Going up
Keeping things simple : IF THE STOCK QUALIFIES ALL THE ABOVE CRITERIA OF SELECTION AND INDICATORS THEN IT IS NOT A TREND REVERSAL
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3.CANDLESTICK PATTERNS
.Low body red candles are a very good sign
.Long wick rejection from the bottom
.Very less big body red candle (NOT MORE THAN 2)
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4.ENTRY
The most important part of pullback trading is to enter before the stock moves very high and also not wait for months for it to move.
STEP-1: Mark the candle of previous high as '0' in daily time frame.
STEP-2:Keep counting the candles from 1-20 as shown in the below figure: (MIN 8 has to be there)
STEP-3: Now when the count is completed mark the lowest price of the stock within the pullback range as 'PIVOT'
STEP-4:Now switch the chart to 1hr time frame as shown on the chart of HDFC Ltd.
NOTE: Candle 0's high has to be the high within these candles (MIN 8)...if not then this strategy might not work well.
STEP 5:Draw a stage structure (BASE) and our entry will be the breakout of this range (50%) and pullback to this STAGE (50%)
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5.STOPLOSS AND EXIT
STOPLOSS: The pivot point will be our stoploss
EXIT: After the stock has broken out of the stage EXIT after 20 counts (It sounds theoritical and funny...but it do works most of the time
Look at the EXAMPLE OF RELIANCE with the concepts mentioned above:
You can also see the EXAMPLE OF AIRTEL's previous pullback
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NOTE: Like all other strategies even this strategy is not 100% accurate.
I hope you liked this strategy of pullback trading and it might increase your chances to make profits in the market.If you have any doubts do let me know in the comment section below.
I will be posting a lot more strategies for trading/risk management in this channel ahead.
FOLLOW this channel to stay updated as soon as I upload it.
Till then,
HAPPY TRADING :)
Simple Trade Setup | BHARTIARTL | 22-10-2021 [ INTRADAY]NSE:BHARTIARTL
Observations:
1) On 1 day time frame,it closed just below 21DMA.
If we apply Fib retracement for recent uptrend, then we can see that major support is at 687.90 level and major resistance is at 712.85 level range.
Today's daily candle look bearish. If tomorrow it trades below today's low then it will invite more profit booking.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame we can see that it came back and trading in the parallel channel again.
Today it broke the middle trendline of it and closed below it.
It has chance to bounce back from the bottom trendline of parallel channel.
If it trades above middle trendline then it can move up till the upper trendline which will work as resistance at this moment.
Sustainable breakout of upper trendline will make it bullish again.
Sustainable breakdown of bottom trendline will make it bearish again.
Please refer below chart : 1hr Time Frame.
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Trade Setup for Date 22-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Bharti Airtel Trade Setup For TomorrowAs you can see in the chart, 708 level is a strong resistance two times stock touched this level,
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Today also share try to break the 708 levels but unable to break the resistance.
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For tomorrow you can buy this trade once it goes above 710 for the target of 727.
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Try to avoid the position if stock give gap up opening.
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What's your view on this comment below in the box.
NSE:DISHTV LongNSE:DISHTV
#DISHTV Reached to support @17.3 and bounced back, One can buy @ CMP and maintain the SL 16.5.
F&O One Can try 18CE, SL remains Same.
One More blasting day,
when the whole market is in RED,
We managed to close in green with huge profits..
On a Whole, today Profits more than one lac excluding Cash and MCX segment,
Check out the scripts shared and results bagged.
#SBIN - 16K
#BHARTIARTL - 26K
#BATAINDIA - 21K
#CANBK - 19K
#IDEA - 28K
#SANGAMIND - 16% (Cash not F&O)
Happy Trading.
Don't Like or Share.
BhartiAirtel Short-Medium Term BreakoutBhartiairtel is a very good stock and it has give more than 35% return in the last few moths so now I am seeing a slight pull back in the stock. We may see levels of 700 in the running week and that would be good time to accumulate or make fresh buying. I looking forward to invest it for long term and we shall see targets of 900 and 1000 in the coming months.
We will keep a good sl of 680 for short term buyers
Targets are 800 , 850
If you agree with my analysis then do like the trade , it keeps me motivated to come up with new trades for you all
BHARTI AIRTEL
Target:- 911
Stoploss:- 657
Taking long position because of the resistance line break by the price and close above it. Also profit target is measure based on the price range between the support and resistance level and that distance is paste on the break out level or in the resistance line, and taking the highest point as a profit target. Stoploss is just below the resistance line.
Bharti Airtel - Trade planBharti Airtel will plan entry only on below levels being met:
- In breakout zone from rounding consolidation range, entry only above 625 which is previous resistance.
- Preferably with volume expansion.
- Target may be 740, SL - 555
- RS is positive and rising, MACD positive, Super trend buy signal, price action is supreme.
Don't jump into trade, wait for levels as per chart,, as reversal may be possible from resistance levels.
*Only for educational purposes, not a recommendation.
Symmetrical Triangle breakout in BHARTIARTL for Target of 695+In last trading session, BHARTIARTL gives bullish breakout of its symmetrical triangle pattern. After this breakout expected in short term time period we will see target of 695+.
Possible Trade:
Buy BHARTIARTL Above 540
Stop-Loss - 520
Target - 575 620 695+
How to Do Swing trading in BHARTIARTL IMP LEVELS :
1) STRONG closing above 550 levels with the volume on 1hr
2) Good structure on D chart seems to be broken with already above avg volumes
3) IF sustains here only on D chart too or above 555 then A great upside can be seen in BHARTIARTL
4) Risk is 4% from 1hr closing candle buy point
5) Targets are - 580 levels than 610 levels in the near term ( 1:1 and 1:2.5 risk rewards ratio activated here )
6) Trade quality: Depends on the market ( NIFTY50 ) Bullishness too
Bharti Airtel - Triangle breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade