BHARTIARTL trade ideas
BHARTI AIRTEL EXCELLENT OPPORTUNITYHey traders, here is an amazing trading opportunity .today bharti airtel had given successful breakout from a PENNANT PATTERN with a very good VOLUME .
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BUY @ 549
STOPLOSS @ 519
TARGET 1 @ 580
TARGET 2 @ 615
KEEP TRAILING STOPLOSS:)
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Triangle formationStock is consolidating near about for 4 to 5 months also volume shown in this so ready for a good breakout
How to Do Swing trading in BHARTIARTL IMP LEVELS :
1) STRONG closing above 550 levels with the volume on 1hr
2) Good structure on D chart seems to be broken with already above avg volumes
3) IF sustains here only on D chart too or above 555 then A great upside can be seen in BHARTIARTL
4) Risk is 4% from 1hr closing candle buy point
5) Targets are - 580 levels than 610 levels in the near term ( 1:1 and 1:2.5 risk rewards ratio activated here )
6) Trade quality: Depends on the market ( NIFTY50 ) Bullishness too
BHARTIAIRTEL - Ready For Upside BHARTIAIRTEL - Buy call was shared before hand only. triggered today.
BHARTIAIRTEL
Buy- Above 552
SL - 540
Target - 565 577 590 610
BHARTI AIRTEL: Symmetrical Triangle formationBharti Airtel trying to break out of a symmetrical triangle after taking support from the demand zone.
BHARTIARTLStock has given breakout from triangle pattern. Buy above 548 tgt 8 to 10% Sl 520. For educational purpose only. Kindly contact your financial advisor before entering any trade.
AIRTEL +ve RSI DivergenceBack on strong support of 524-525. Once orange trend line is broken on upside(541), strong buying momentum will be observed. Buy above 538/540 and sell below 518/515.
BHARTI AIRTEL DAILY CHART ITS IN VERGE OF TRENDLINE BREAKOUT . TGT 575-580 , MEDIUM TERM TGT 615-620
#BHARTIARTL seems to be ready for much awaited Break Out!If crosses & sustains above 551 with good volume, it'd be considered a Triangle Breakout. Possible upside target: 575/600/625/New ATH. SL below 518 for short term & 498 for mid term.
Bharti airtel broke the triangular pattern and is ready to go upBharti airtel broke the triangular pattern and is ready to shot up one can buy this stock for swing trading for medium turn and the risk involved in this setup is low 1:2
all the levels are mentioned in the chart
Bharti Airtel Ltd- Holding the 500 level for past 3 monthScript is in between 70 points range for more than 3months and near 50% Fibonacci retracement.
If it breaks red color trend line then buy will trigger, in such case SL-499 on closing basis.
Target- 575, 600 and 650
Final target will be 700 to 750
Bharti: Strong Breakout on Cards on Back of Price HikeThe Price Hike has come in select plans but market may take it as a signal of end in price war and future price hikes from other players. If breakout sustains then we can see good upmove in coming days
Weekly rangboundTread in narrow range keep eye for good breakout
This is only for education and knowledge
Consolidation still on!Stock is consolidating for days now and may continue doing so. 521/510 are 2 SL's that can be used for Short Term and Mid Term trades respectively. Long only above 551.
Trendline will be broken soon Consolidation is going to an end. Trendline will be broken soon with huge momentum, SL is below trendline and Target is previous swing high
Bullish Trend Strong Buy on daily and weekly chart.
Wait for the BO and confirmation candle.
Could wait for retest entry.
