Bharti airtel is moving in a rising channel it can move up above 730
there is a confluence of factors signalling a strong move up.
1. uptend + resistance line break
2. Horizontal resistance break.
Hope you found this helpful.
Happy Trading!
here are some important intraday levels mentioned on chart
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Disclaimer.
I am not sebi registered analyst.
My studies are...
Levels as mentioned on the chart
Plan of Action
Buy Bharti Airtel CMP 729.80 Stop 695 Target 825-885
Positional Stock Buy: Bharti Airtel CMP 729.80 Stop 695 Target 825-885
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Levels & target with CUPANDHANDLE pattern are mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
PVR: WITH 1560 trail sl a long for 1840/2029/2300
Stock relatively an outperformer against benchmark
stock took a descent support at fibo imp area
stock gave a descent upmove from the base
Very nice setp , just
watch my chart in
weekly tf
daiy tf
you will find one bigger channal
from there we can find big support and resistance .
Then small descending channal it has broken that as well .
Now under small box channal .
once it broke that point
we can expect bigger move as explained .
The chart shows a channel pattern since 2020 and now the pattern shows a multiple rejection at the top resistance zone . And now small correction in the price . And now the inside of the pattern shows a falling of price and it touches a near the Minor resistance zone .
wait for the breakout If it breaks the minor resistance it will go up to the major Resistance...
Polyplex corp has hit a new 52W high, and breaking out from the resistance. Watch for further up move till the long-term trending resistance line.
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Points to consider
- Paper sector is outperforming
- Stock has formed ''Inv Headandshoulder" pattern(Bullish)
- BO with good volume
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