BHARTIARTL trade ideas
Bharti Airtel -- LONGAirtel has a strong bullish sense.
Volumes are increasing and its at a critical point of 570 range. if it breaks up it'll target very higher making new 52 high
Target 680 if Bullish long term.
Do trade your own Risk factor!
bharti airtel break out on weekly chartbharti airtel break out on weekly chart after a long time of almost 7+ years can come to retest the break out level between 630-650 ideal entry for long with sl at 600
Bharti Airtel seems to be bullish for long termBharti Airtel has given a breakout in weekly chart from Cup and Handle Pattern for a target of 800+
Buying levels CMP/650/600 levels with a SL of 550 on closing basis
Volumes are also decent.
Bharti Airtel Go LongFairly certain Bharti Airtel is going to breakout. It has been consolidating and it might be a good idea to accumulate for the above levels. Its a solid company with only other actual competition being Jio.
Going full gusto with this, do your own risk management if you are entering this trade.
BHARTI AIRTEL WEEKLY Chart showing strength for multi year breakout and in current pattern, it is showing breakout test done . will head upto near new high .
just my opinion trade on ur own .
How to Eliminate elliot corrective patterns through Neo wave I can only come up with this following count,in order to come up with a logical count,i kept on taking more data in order to make some sense with my labeling.
Reason for considering current rise a part of Bow-Tie Diametric Pattern are as follows
Starting point was taken on the basis of faster retracement of prior swing high ,since then price has not shown any sign of an impulse as theres so much of overlapping seen in price along with corrective internal structure in each swing.
As far as corrective pattern is concerned only WXY and Diametric pattern has 7 leg,but if we connect trenline of tops with tops and bottom with bottom in white degree then the pattern takes shape of an bow-tie diametric where higher degree A terminates,movement following is also corrective and not impulsive hence collectively on higher degree(marking done in red)is also forming some kind of corrective pattern.
Till now we have already seen 4 swing and currently we are in 5th swing meaning we can count out Flat and Zigzag leaving us with triangle and diametric and complex wxy/xz.With regards to triangles either they are contracting or expanding in 5 leg's but over here we have seen both the phenomenon occuring by the time we are in 5th leg meaning we can even eliminate triangle pattern leaving us with only 2 pattern either a Diametric or an WXY/XZ complex correction.
From this we can conclude that on going rise will have 7 corrective leg's of which 4 are done and currently 5th is going on,as we have already seen contraction and expansion my primary assumption is of Bow-Tie Diametric even on Red degree and have used rule of equality for finding termination point of 5th,6th and 7th leg.
PS:Correct me if i have missed anything because by now i am already brain dead after analyzing this chart
BHARTI AIRTEL
Target:- 911
Stoploss:- 657
Taking long position because of the resistance line break by the price and close above it. Also profit target is measure based on the price range between the support and resistance level and that distance is paste on the break out level or in the resistance line, and taking the highest point as a profit target. Stoploss is just below the resistance line.
👁👁👁Todays Pre-open Performance Chart-1 #BHARTIARTL👁👁👁Not given any good Setup
It remained in range throughout the Day
Multi-year breakout in BHARTIAIRTEL.Multi-Year Breakout and also Ascending triangular pattern breakout with huge volume can be seen in monthly timeframe chart which makes the trade's success probability very high, would suggest to go long with the buy on dip till 600 level for the Ultimate Target of level 820 (FIBONACCI IS CONSIDERED WHILE DECIDING THE TARGET), go long with strict stop-loss of 520 (only on closing below basis). the timeframe for this trade/target would be 12-14 weeks.
THIS VIEW OF MINE IS PURELY BASED ON THE TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
📈 Pre-open MTF #PriceAction Analysis by #KRMG (06 Sep)👉 Stock 1- #BHARTIARTL
👉 Sector - NIFTY50
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 675 level as per hourly timeframe which is its ALL TIME HIGH Level and now it is trying to reverse or retrace from it
Yesterday on its way to downtrend it got strong rejections from important Level of 665 and continued the downtrend till day end
It has space till 650 on downside if it sustains below CZ, and may even reach near 645 level if convincingly closed below 655
🎯 Coming to sectoral pattern - #Nifty50 is currently in Good Uptrend and currently trading to its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG
BHARTIARTLBHARTIARTL Me ek ( Falling wedge ) type sa bana hua hai aur ema 50 se niche opne hota hai to market niche hi jaye gaa 200 ema tak aur support leye ga
Bharti Airtel forming evening starBharti Airtel seems to be forming evening star at its first support is at 630, then next good support is at 600, great risk/reward ratio
FLAG PATTERN IMPORTANT Check this out guys this is what we can call it has flag pattern breakdown ||||
WHAT WE NEED IS EAGLE EYES
BHARTIARTL | NSE | INDIA | ANALYSISAnalysis of BHARTIARTL stock. Forming clean cut pattern with good confirmation.
Comment about my analysis...
BHARTIARTL | NSE | INDIA | ANALYSISThis is the BHARTIARTL stock analysis on Daily chart.
This made a good predictable analysis.
Comment about my analysis.
Airtel-Weekly@Ascending Tringle+DoubleBottom Breakout-Buy on DIpOn weekly Chart Airtel & Breakout
Details on CHART
Note: This is for educational Purpose only
BHARTI AIRTEL (ALL PATTERN IN ONE CHART)1. Bharti Airtel showing strength and forming multiple pattern in one Chart.
2. Probability is much higher, in favor of Bull run.
3. its weak below 620.
