Break Out Trade in Bharti Airtel Ltd.Date : 29-Mar-2022
Rating: Buy.
LTP : Rs. 754.95
Target : Rs. 780-->850
SL : Follow the trailing SL indicated by the moving averages on closing price basis.
Bharti Airtel Ltd. has given multiple break outs on technical chart. It has given break out from its secondary down trend within its primary up trend. It has also broke its near term resistance levels of 735 and 750. EMA, MACD and RSI are giving very bullish signals. EMA and MACD cross over is also done.
Disclaimer : Investing in stock market is risky. One should do a self analysis and validation before investing in stock market.
BHARTIARTL trade ideas
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalAIRTEL PP
Nice move seen on chart,
Given trend line breakout and now testing at Resistance level
Also 50% fibo level is there.
If 380-385 levels broke and sustain, then will b a good move for min 1-2% targets in Intraday
& Positionally look for targets of 395-420 to 450 levels
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Bharti Airtel Ltd.Bharti Airtel Ltd.
Bharti Airtel Limited, also 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. Airtel provides 2G, 4G LTE, 4G+ mobile services, fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology across all Indian telecom circles. It is the second-largest mobile network operator in India and the third-largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first-ever Brandz ranking by Millward Brown and WPP plc.
RECENT NEWS-
1. Fri, 25 Mar. 2022
Bharti Airtel prepays ₹8,815 crores to clear deferred liabilities for spectrum acquired for 2015.
2. Tue, 29 Mar. 2022
Bharti Airtel acquires a 4.7% stake in Indus tower from euro pacific securities ltd. an affiliate of Vodafone group inc.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock gives a good rally in the last 2 days.
2. Stock comes near the resistance level and previous high.
3. Stock is in the 52-week high zone.
4. Supertrend is positive.
5. Alligators are in uptrend.
6. Stock trading above 20/50/100/200 DMA.
FUNDAMENTAL ANALYSIS.
SECTOR: Telecommunication - Service Provider
1. MARKET CAP - ₹ 4,44,236.36 Cr.
2. P/E - 0
3. P/B - 5.82
4. ROE - -28.21 %
5. ROCE - -3.74%
6. EPS - ₹ -1.19
7. CASH - ₹ 1,036.50 Cr.
8. DEBT - ₹ 94,407.70 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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Bharti Airtel Likely to Breakout & Outperform 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
BHARTI AIRTEL -- INTRADAY SETUP - 28/03/2022BHARTI AIRTEL INTRADAY PICK AS ON 28/03/2022
15 min chart bullish technical indications.
1. Trendline breakout seen at 15 min chart
2. Bullish RISING channel Formation seen on chart where support taken
3. bullish wave
4. MACD above center and signal line on daily chart
5. intraday buy level above last breakout candle 711
6. intraday support 705 is buy level if stock fall at that level
BUY BHARTI AIRTEL above 711
target 715-720-725
Stop loss 698
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk ..
HAPPY TRADING . !!
Bharti Airtel (Detailed Analysis)Bharti Airtel (Weekly):
1. Stock has given Breakout from Falling Wedge
2. Also there is formation of Inside candle on the chart
3. Also, there is Positive Crossover of 5, 13 Weeks Exponential Moving Average
4. Also it is taking support at 5,13 Weeks Exponential Moving Average
Can consider Buying above 723-727
Note:
The above analysis is for educational purpose
Bharti Airtel Ltd - 25.03.2022Bharti Airtel Ltd - 25.03.2022
The stock is trading @ 709 levels
There is a SPINNING TOP in Daily Charts
The prices are above EMA
There is a HAMMER in Weekly Charts
There is a RESISTANCE Zone @ 726 levels
RSI is 54 in Weekly Charts
Let the prices go above 729
Watch out for the price actions
Bharti Airtel looks good for moving upside (35-40%) at least. As we can see in the charts that this guy is giving Break Out after almost 9.2 years,
We saw an opportunity coming, this set-up gives double confidence because after Break Out
price is consolidating this generally says that price might blast and can give amazing returns.
PS: This is just for educational purposes.
If any doubt, feel free to reach.
Long on #bhartiairtelTook trade on bhartiairtel before breakout, based on conviction. BUt here is the analysis for those who want technucals.
Channel breakout in 1 day time frame and retesting the trend line. Moreover MACD is given positive crossover, however there is no huge volume. Target and Stoploss are mentioned in the pic.