AIRTEL - ATH BOBharti Airtel is trading @ATH after 1-year-old resistance BO. Looks good for swing traders at CMP.
BHARTIARTL trade ideas
Reverse Link of IDEA to AIRTEL.SO, The news is up, Mr.Kumar Mangalam Birla has stepped down as a CEO of VODAIDEA, and seeks help of government,
Airtel has shot up completing a "w",
Listen this is a major resistance on AIRTEL, The longer is the cup the longer it breaks,
Entry point posted on BHARTIAIRTEL.
BHARTIARTL Weekly CUP&HANDLEit has formed a CUP&HANDLE on weekly chart, weekly closing above 620 will openup further upside. looks like 800 is possible.
At Crucial levels- Make or BreakIt is about to give breakout or breakdown.
In this pattern for almost 4 and half month.
Let's see how it goes further.
This post is for information purpose only.
Levels for BHARTI AIRTEL.BHARTI AIRTEL is standing on a very important level exactly on POC (green line) and also forming a double top bottom. If market opens in range and breaks the level 607.85 we will head towards the 613 levels and incase there is good bullish pressure then 616 levels and if market opens in a bearish side then we can move towards 603 levels and then observing the market again towards 594 levels.
DISCLAIMER:-
Trading is very risky please analyze the stock by your own and take the trade on your risk. Levels which are provided above are just for a simple idea about the stock and for educational purpose.
Bharathi airtelBullish mode as per the below analysis
Camarila R4 Breakup
Channel break
Moving average 20 40 200 break
Bull: Bharti Airtel (BHARTIARTL) is all set to shoot upto 600After a long consolidation Bharti Airtel has given good movement last few days.
As per trend analysis it's about to complete "W".
Positive Points that says to go long (Weekly Timeframe)
- Close price is trading above 21 MA, 50 MA.
- Close price is above from central pivot points (PP)
- Bullish crossover has been formed in Awesome Oscillator (AO)
- RSI is above 60
bharti airtelif it sustain 620 level in one day time frame ,then it can give a handsome investing opportinuity because sustaining 620 level is a multiyear breakout.
Bharti AirtelBharti Airtel on Resistance zone at Daily time frame... After breakout it will give rally...
Short Term Target ReachedShort Term Target Reached as already discussed. try to follow patterns and price actions always
Bharti Airtel - On the verge of breakout - LONG for medium termBharti Airtel is near 600 and is getting ready to break out of a range after multiple years of consolidation. Airtel looks good to keep adding customers from VI and BSNL which are on the decline, and are in a position to maintain their financial viability. Stock looks good to move to 700 region if it holds above 600. SL can be kept at 560 on a daily closing basis - below which it will be back to consolidation range. Any positive news on AGR or help from Govt to Telecom sector would see the stock make a much larger move, so good to hold for longer term as well in portfolio.
** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
BHARTI AIRTEL LTD.BHARTI AIRTEL LTD.
DATE - AUG 05, 2021.
1. AIRTEL gives breakout of W pattern or double bottom pattern.
2. AIRTEL breaks the reistence of 580.
3. AIRTEL is in 52 week high zone.
4. Very high traded and delivered Qty.
5. Bad news of VODAFONE IDEA are good for BHARTI.
Bharti Airtel: Remember what was said for Bharti Airtel at 525Bharti Airtel
This is what was posted on July 04, 2021 when Bharti Airtel was at 525
- momentum might come in once closing is above 560 (on a weekly or monthly closing basis)
- the importance of 560 was derived from February 2021 month candle (Shooting star candle)- where the Open was at 559 and close was at 556 but intraday high was at 623.
That candle reflected that close above 559 would lead to at least February highs of near about 623 levels in quick time
it consolidated for the whole of July but in month end it closed at 561.65. Today Bharti Airtel has made a high of 619 (already 10% rally) in 4 trading sessions.
That idea (posted on July 4) had just 5 Likes but those who followed the idea are reaping the rewards now...
Technical Analysis can give you a lot.... the question is are you willing to listen to charts???
Follow for more such ideas...
But don't just follow me blindly
learn to identify such opportunities independently...
BHARTIARTL- Symmetrical Triangle Pattern Breakout?1. Stock is forming a symmetrical triangle pattern. The Symmetrical triangle is usually a continuation pattern. it represents a pause in the existing trend after which the original trend is resumed.
2. Volume states that the greater the volume, the greater the force behind the. last 10 days volume is increasing, and the delivery percentage is average <50%, which suggests that investors are taking an interest.
3. Stock is trading near a strong support zone and having a 200DEMA support as well.
4. Stock witnessed short-covering, A decrease in open interest, along with an increase in price, mostly indicates a short-covering.
Thank you.
Happy Trading !!!
Possible breakout in Bharti Airtel...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Bharti Airtel - BreakoutWith strong sector tailwinds with problems to Vodafone. Bharti could become the top premium go to mobile operator taking away a lot of Vodafones premium postpaid clients..
With an increase in ARPU's the profitability can now keep going upwards.
Long above CMP. SIP into this stock slowly over the next 12-18 months..this sector will now see tons of tailwinds..
Bharti: My Experience with False Breakouts in BhartiBharti has in the past twice given false breakouts to reverse after that. Unless Jio hikes price or Voda actually goes down under, I dont think they will break out about 620. I would recommend booking profits around 620 and avoid fresh longs unless one of the two events mentioned happens
2nd target also achieved! 11.3% gain in 15 days !!2nd target of 602 in airtel is achieved today! HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas. For reference, I am attaching the links to the suggested idea and 1st target below.
