Buying momentum #stockstowatchlower price is rejected as the pin bar was showing buyers are active, trend line break shows the confirmation. we can expect a upside move from here.
AIRTELPP trade ideas
Bharti Airtel Getting Ready for Big MoveThe daily chart is forming a "Cup and Handle" pattern. Wait till the pattern is complete. Once the stock starts closing above 560 level, it can move up to 620 / 660 / 700 levels initially. Get out if closes below 520.
[ Intraday ] BHARTIARTL Short Bet r : R ratio is 1 : 2
Rest as per Charts
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Bharti Airtel on the verge !!!cross 550....buy for 570... doesn't sustain 550... short for 520.......
Bharti Airtel on the verge !!!crosses and sustains 550.... look for 570... doesn't sustain 550 level... then the target is 520 !! be ready with 570 ce and 520 pe
Airtel- Can it move 620Airtel is a bear stock but moving in a cup and handle, ABCD triangle and taking support 50 EMA. Can move to 620+
Divergence in Bharti Airtel.There is seems a divergence at recent lows in Bharti Airtel on daily chart.
May long for a good swing trade.
Regards
BHARTIARTLNSE:BHARTIARTL
⚪Price needs to break out / break down from the current pattern...
⚪Plan A For long call - Buy only if price closes above 532
⚪Plan B for short call - Sell only if price closes below 518
⚪Note: Ignore if anything goes sideways....
🔴DISCLAIMER : This is just for educational purpose....
bharati airtel for 08/06/2021NSE:BHARTIARTL
Formed double bottom at 520 levels after a huge fall(hint for trend reversal)
currently moving up respecting the marked trendline.
today the stock broke the previous high of 535.7 and made a new high. It faced profit booking later and it is now currently testing the previous high 2nd time(535.7)
Currently, the price is at good value and I will consider entering tomorrow with 5min close above 538.5 only with a gap up open.
If it opens flat it may go down as well. I am Planning to enter only with gap up open.
BHARTIAIRTEL_IF BREAKS UPSIDEOne can go long if it breaks the upper trendline with strict SL and small qty.
(for educational purpose only)
BHARTI AIRTEL EQUITY levels ...09/06/2021 (D candle)😊BHARTI AIRTEL EQUITY levels ...09/06/2021 (D candle)
