This is follow-up on Bharti Airtel. Can check link to related ideas.
Target 1 achieved. More than 9%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Airtel has a strong bullish sense.
Volumes are increasing and its at a critical point of 570 range. if it breaks up it'll target very higher making new 52 high
Target 680 if Bullish long term.
Do trade your own Risk factor!
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...
Cup & Handle retest done in monthly
Descending triangle in hourly
Retracement towards 200MA in 2hrs
Will take a good move from here.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
Check these Upcoming ideas - still active
Check these successful trades & approach on HINDZINC , ITC ,...
#73 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together .
💲💲🌟 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 🌟💲💲
✺ LOGIC ✺
✣Yellow Trendline: Supportive price line (Low-risk setups are created on this line )
✣Blue Trendline: Strong Resistance
✣Pink Trendline: Good Resistance
✣Red trendline: OK-OK Resistance
✣Blue Horizontal line: Monthly Resistance now Support LEVEL
✣One should enter on...
HOLD AFTER BOOKING APART!
Long Term Target 146++
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Stock has broken major resistance zone (550 levels) on 4th April. From last 2 days it is consolidating above that zone and forming a symmetrical triangle.
In coming days if stock breaks 565.5 then can give good upside of 1-2% in Intraday.
However if lower Tl is broken then stock can easily fall to 550 levels in one session only.