BHARTIARTL trade ideas
BHARTI AIRTEL MID-TERM SWING TRADE!Hi everyone, Bharti airtel mid term swingtrade consider buy above: 736, targets: 771/800, stoploss: 726.
LOGIC BEHIND TRADE: Stock has formed (W) pattern & about to give breakout if sustain above resistance can go upto it`s all time high (targets identified from xabcd/abcd pattern levels 1.618/1.131) stoploss is taken low of resistance candle. Stock look good for mid term swing trade! NSE:BHARTIARTL
Breakout expected soon in Bharti Airtel!!The inverted double bottom pattern is created as shown in the graph which is considered bullish for the stock. So the rally will start soon for this stock and also within the white circle shown is the green-red-green pattern of candlesticks (where green overtakes red) which indicates the extremely bullish behaviour of the graph in future. The graph is expected to cross its previous all-time high in this rally.
BHARTIARTL is ready for a big move Option and Stock2022.01.31
#CALL #MEDIUMTERM
Stock : #BHARTIARTL
Fundamental : You can check on internet
Buy Option 1 : Buy @ 720 to 734
Buy Option 2 : Buy @ 755 to 769 (Weekly Closing Breakout)
Buy Option 3 : Buy @ 781 to 795 (Monthly Closing Breakout)
Stop Loss : Weekly closing below 670
Target: 783,850, 950
Risk : Medium
Duration : 1 to 2 months
Option Details : FEB 820 CE
[POSITIONAL] BHARTIARTL LONG BET risk: Reward 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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
Investment Idea for AirtelGreat time to enter in Airtel!!!!!!
Technical Analysis-
Breakout given for resistance connecting candles for 1st Jan 2013 and 1st Nov 2017
Pattern formation Cup & Handle
Indicators- +DMI confirmed, Price above 20 EMA in all time frames
Target-960 Stoploss-519 Risk Reward-2.23
SWING TRADE - BHARTI AIRTEL LTD - R:R @ 1:2Potential Opportunity as Swing Trade in NSE:BHARTIARTL
Risk : Reward - 1:2
ENTRY - 721.00
TARGET - 783.00
STOP LOSS - 690.00
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING.....
#nse #swingtrade #nifty #airtel #bhartiairtel #bhartiartl #nifty50 # #priceaction #trendline #retest # retracement #bullish #riskrewardratio
BHARTI AIRTEL Short Idea (Intraday)According to candle stick pattern as well as support and resistance, any one can short BHARTIARTL below 718 with stop loss 723 for 708, and 700 target in intraday.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.