BHARTIARTL
Bharti Airtel | Supply zone - Bulls still possess strength?Bharti Airtel has been on a good run recently. Technically, it's trading along a rising channel. The current price i.e. closing price on 4th Jul of around 362 has run the stock in to a strong resistance area spread between 360 and 365. For the recent bull trend to sustain, a break in closing basis above that resistance area is critical.
From technical stand point, right now it is an opportunity to sell short with stop above 365 and that sounds good from Risk-Reward perspective as well. So one can very well opt for that unless that area is breached as said. In the case where the resistance area is crossed, the bulls will continue steadily and the acceleration can even be higher considering the strength of that mentioned level.
Taking the above points trade plan can be as follows,
i) Sell short at current level with stop (closing basis) above 365.
ii) Long if price closes above 365 (eventually short sell's stop would be triggered) and place stop below 360.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
Bhartiartl at 50% retracement backup falling from 364.90There's a H&S on the 1hr time frame not sure it will work or not bcoz there's a bearish pin bar closed at the weekly time frame. price halt at 50% retracement so the chances is either side fifty-50 but, the move will be strong enough to archieve any of the target price follows in a short period of time. also another point is that cci making a bearish divergene on the weekly time frame. If friday market gaps up then chanes are upside pretty much if not then downside for sure.
BHARTI AIRTEL- INTRA DAY STRATEGY USING SWING POINTS!Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
Airtel Sell opportunity...Guys BHARTIARTL Reject previous High keep watch and take profit
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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Airtel short sellGuys BHARTIARTL ready to move 61.8% keep watch and take profit...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Airtel New action Guys BHARTIARTL take new buy opportunity to keep watch and trade safe Take profit
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
My PredictiveEngine's Intraday call(09-Apr) - BHARTIARTL - ShortBased on my PredictiveSystem's signals, tomorrow (09-Apr) its going to be a RED candle for NSE:BHARTIARTL
Sell below: 384
Target-1: 381.5
Target-2: 379.4
Target-3: 377.6
Stop loss: 387.3
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My Predictive Engine's Intraday call (22-Mar) BHARTIARTL- ShortOff-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (22-Mar-2018) will be a super "RED" for NSE:BHARTIARTL
Short below: 417.1
Target-1: 415.1
Target-2: 413.1
Target-3: 411.2
Stop loss: 421.6
Happy Trading!!!