BHARTIARTL
17TH JULY BHARTIARTL TRADE SETUPThe stock was moving sideways on 16th july, this means the market participants are being indecisive on this stock. Technical are giving a sell signal, price got below ichimoku cloud two days ago in a 30 minutes chart. Don't take long or short position for a very long time since the stock is moving sideways on weekly charts. Trade cautiously and have strict stop loss, trade only if it finds a support or resistance near any suport and resistance lines drawn.
Bharti Airtel is ready on bullish mode.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 sustain the level of 610 then in coming session we can watch the 52 week high level.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
BHARTI AIRTEL KEY LEVELS SUPPORT AND RESISTANCE 05/06/2020 NEWSKey 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.