AIRTELPP trade ideas
BHARTIARTL at resistance levelBHARTIARTL has been trying to break the level of 920.65 multiple times since last few sessions but unable to break the level
Go long if 922.50 level breaks .
First Target - 935.00
Second Target - 948.00
SL would be around 915.00 level
Happy Trading. Cheers :)
@equity #bhartiartl
Can We See Downtrend in $NSE:BHARTIARTLDear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:BHARTIARTL I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 930-940 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 840-830 In Downmove.
Resistance Levels to Watch out.
R1= 930
R2= 960
R3= 980
Support Levels To Watchout.
S1= 850
S2= 830
S3= 800
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards,
Ajay Metha
Bharti Airtel has the most perfect connection of TrendlinesAfter making a triple top at 900 level, eventually Bharti Airtel had broken out of the barrier for a higher price level. But it had to retest the 900 support atleast once and thats how its shaping now. Investors may watch out whether the level is broken again or its bouncing out of it. In both cases, thats a opportunity.
BHARTI AIRTEL,1D formed Bullish HammerNSE:BHARTIARTL ,1D
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands.
Bharti Airtel formed Hammer candle on Strong Demand zone and closing above Hammer with marubozu candle with volumes.
Entry Price : 865.95
Target* : 882.40
Stoploss : 846
RR : 0.82
*second target can be 892 for better RR of 1.2.
Saucer Bottom in Bharti Airtel!Hello Traders,
Sharing this daily chart of Bharti Airtel, in which a saucer bottom/Rounding bottom pattern is being formed whose breakout has already happened in June with good relative volumes, As you can see volumes downside, the purple colored volumes show high relative volumes which are required on a breakout to make it sustain on higher levels & also after a breakout stock has sustained higher levels showing strength at higher levels.
SL Price- 830 (below 125 DEMA)
Target- 992-995
Disclaimer- Please do your own analysis before entering into any trade.
Best regards Happy Trading- Harshit.
bharti airtelIn this educational post, we delve into the airtel index's potential trends and market expectations for September 4th, 2023. Please note that the information provided here is for educational purposes only and should not be considered as financial advice or a recommendation to make any investment decisions. Always conduct thorough research and consider consulting with a qualified financial advisor before making any investment choices. Our goal is to provide insights and understanding of market dynamics to help you become a more informed investor.
Bharti Airtel - Are we done with this rally?Looking at 4 reasons why we are just out of the first powerplay in Bharti
The move from 800 to 900 took about 2 months. Generally stocks trend for 3-6 months
The street is still underweight Bharti (because of Jio) - this result could see it cross 900
This stock has moved from a stock market makers used to love (with IV < 15%) to one where IV > 21% - thats a huge move in perception of the upside amongst market makers
So 1000 is possible on back of solid results - but keep a look for weak earnings, weak guidance - that cud cut this rally short
Bottom Line - Wait for consolidation around 860-900 levels before coming back in. Try to give the results a miss and get in (if at all) after the event.
Disclaimer - Trading stocks is risky & 95% of traders as per SEBI statistics lose money - with 60% losing most of their entire capital in 12 months. So, the odds are stacked against anyone trying to make a living in the markets. All the ideas here for education & analysis only. Please do your own research before risking your capital.
Bharti Airtel - Chart analysisAirtel is in bull run but not generating huge returns. From March it has given 20% ROI and from NOV-22 it has given around 2% ROI.
expecting the stock to test 850-860 and can expect to follow same bull trend for next 6 months to give a 10% returns. But if the support get broken, then we can expect a 5% drawdown