Simple Trade Setup | BHARTI AIRTEL | 25-04-2022 [INTRADAY]NSE:BHARTIARTL
Trade Setup for 25-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BHARTIARTL trade ideas
BHARTIARTLStock has been trading in a range since very long time. It has tried breaking resistance of 740-750 in april 1st week resulted in fake breakout. Now again it is trying to break resistance. Buy above 740, TGT 780+, SL 715. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Airtel Analysis - Downtrend of Telecom Sector????Airtel looks bearish on Monthly TF due to drop in delivery% and Bearish Divergence on RSI.
Detailed note for bearishness has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
YR 2022 Idea #45: Long on BHARTIARTLThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Bharti Airtel 1D, Butterfly PatternBearish Butterfly Pattern on Bharti Airtel.
It May Correct from PRZ zone.
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AirtelDobule bottom pattern is formed, excerpted a bullish move, moving average also shows price in bullish trend, MACD is also bullish, a good quarter and overall annul results expected, debt decreased, costumer base increased, AGR per user increased.
Note*plz correct me if I am wrong or what better can be done.
Bharti AirtelA dobule bottom pattern is formed, moving average shows price in uptrend, MACD is bullish also expected a good quater and overall annul report, debt is reduced, customer base increased, revenue per user also increased, Which eventually support this (Arrording to me ) .
Note* plzz correct me if I am wrong also tell me what better can be done.