Telecom
Bharti Airtel - SwingStock has formed a symmetrical triangle on Daily TF and has been moving around its support zone from a long time.
Wait for stock to break 538 for targets of 550, 559 and 586
On the contrary if stock breaks 514 on the lower side then target of 500 can be seen in 1-2 sessions only
P.S. This trade can take few days to trigger however the movement can be very fast, so keep on radar !!
AIRTEL BREAKOUT BHARTIAIRTEL seems to have entered a symmetrical triangle formation. Might breakout.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. Please do share your views, I am still learning.
BHARTIAIRTL - TREND REVERSAL INDICATION (or continuation?)The stock is forming a wedge pattern, indicating a halt. lets wait till a market tells us where is it headed ??
Buy/Sell only when price clearly crossed the level. Beware of false breakouts. Let the candle close outside of the wedge and let the volume be above the average. This helps to minimize the possibility of false breakout
This is not a recommendation, Its for educational purpose only.
Trade Safe!!
Infratel looks weak, It can be shorted.Infratel
Intraday
The stock looks weak below 200.
Short below 199
Target - 197, 195
Stop Loss - 201
Note - Market are looking bullish tomorrow, So becareful while shoring. Go with trailling SL.