Bharti Airtel - BullishFib Pull Back after Strong Up Trend
Holding up 0.5 Area
Holding 200 Ma daily
Previous resistance turning support
View negated below 660
Tgts 745 and above
BHARTIARTL trade ideas
How to trade using RSI Divergence?To identify any divergence, first of all look at the current structure that the price is forming like the above case, Bharti Airtel is forming lower lows clearly and when we look at RSI it is forming up Higher lows.
Therefore RSI contradicts the price and this tells us that RSI doesn't support what the price is doing so it's a bullish RSI Divergence. RSI here is not in line with the price so we will be adhering to what the RSI is doing.
For taking entry, we would wait for the price to break first lower low that indicates that price is now ready to bounce back and we will enter by keeping previous low as Stop Loss.
This is an example of Bullish RSI divergence.
Now for spotting Bearish RSI divergence the price must be forming higher highs whereas the RSI will be forming Lower highs which is an early signal that price is going against the RSI and hence we will short here.
That's how RSI divergence works, hope I made it simple!
Happy Trading!
Bharti Airtel
buy abov 681
Sl 677
tr 1 - 686
tr 2 - 692
tr 3 -706
We are not a SEBI registered analyst. This is for educational purposes only. You must consult your financial advisor before you trade. We do not advise you to buy or sell. You can trade at your own risk. We are not responsible for your profit or loss.
Thank you
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Bharti Airtel coming footprintBharti Airtel is good to trending stock 850 coming scenario footprint. here short-term upcoming way. always follow pullback for an opportunity.
Long in AirtelThis scrip had recently brokeout from the major pattern and it's consistently making HH & HL. It's now bouncing back from the previous high, swing traders may go long now with minimal SL, just below the previous swing high and by going with Fib i set a first target of Rs.794, RRR of 2.8, seems like a great trade opportunity.
big breakout is near(SWING TRADE)wait for the breakout, if it is with volume and closes outside the trendline after the breakout on daily timeframe on either side take position accordingly.STOCK WITH LOW RISK BUT GOOD REWARD.
thank you.
Sell Bharti Airtel Crossed 50 Period Moving Average
Support Level is Near 650
ATR Increasing and RSI near 60
Bharti Airtel Good short CandidateMultiple bearish harmonic pattern formation on weekly time frame with bearish divergence on rsi and macd indicators,, prz levels of both pattern confluence around same levels,, counter have achieved the maturity levels of patterns,, waiting for reversal bearish candle on 60 mins and 240 mins,, once the confirmation is done,, expecting a fall of 7-10-15% in counter,,,
Good short candidate
BHARTI AIRTEL | What makes it a good buy at the moment ?CMP- 538 (enter when the price drops to 510-520 level)
SL- 510 (closing basis) 499 (more structural)
Target- 600+
-500-520 level of #support formed with good VOL
-Fib retracement 50% of the previous rally
-Major EMA's flattened out
-Delivery in VOL have increase on these level shows accumulation
-The triangle is in the verge of end (price may break either-side)
BHARTIARTL NICE BREAKOUT DONE & RETESTED WITH GUD VOLUME.As u see on chart stock is continuously in strong uptrend. pole n flag pattern breakout happened and retested also with nice volume. Open Interest also huge build-up in future segment
VERY HIGH PROBABILITY TRADE
BUY ABOVE 740 FOR TGT 800+ WITH STRICT SL @ 720
Watch above 746!Watch above 746. If manages to stay above 746 (or close above 746), expect 820+ very soon.
BHARTI AIRTEL BREAKOUTBreakout from resistance of 740.75 with good volume.
RS is positive above 0, with good support at 630.
It's heading towards 818 then 920 in short term and 1020 then 1100 in medium-long term.
bharti airtel longmoving within same range from 1 week
watch for volume buildup and breakout
stop and tgt are shown
Target 1 (9%) achieved in Bharti Airtel. Target 2 is ON...This is follow-up on Bharti Airtel. Can check link to related ideas.
Target 1 achieved. More than 9%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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.
[ INTRADAY ] BHARTIARTL LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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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.
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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.
“Intraday” -means You must close this position at any cost by the end of the day.
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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
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Bharti Airtel AnalysisI am posting this chart for the knowlege perspective of the viewers. It has achieved its part of target and the rally will continue for some days. But do not take trade here right now its is in a small consolidation zone.
Multi Year Trend Resistance Breakout - Bullish PennantTelecom Stocks picked up pace after the recent relief package from the Government.
Bharti Airtel being one of the top Challengers in the Telecom space is expected to show some upside, given the facts that :
1. It broke a multi year Trend Resistance
2. A Bullish Pennant is formed
3. Sustained Ride with two Bull Flags
4. Above MA Volume
5. ADX above 45 - Strong Trend
Movement can be expected in the direction of the breakout.
This is not financial advice. Please consult your financial advisor before taking a position.
Thank You :)
