BHARTIARTL trade ideas
Airtel is stuckAirtel is stuck in this triangular pattern.
Time to breakout, either side can give good movements
SL CLBS 515 & upside targets could be at least upto 600
Airtel forming a Head and shouldersAirtel is forming a Head and shoulders pattern. there may be a brake out in next 1 or 2 days
Bharti Airtel may breach 500 level soon#BHARTIARTL is looking weak.. may breach 5000 level soon
NSE:BHARTIARTL
Overall looking weak in BHARTI Airtel Looking weak in BHARTI Airtel forming a descending triangle and a head and shoulder pattern too..
airtel double descending triangle patternairtel last swing failed because of the operator fake bull run on 3 May seen a major fall down support from 520
now before covid high and unlock downtime high create a descending triangle pattern
also, a smaller descending triangle pattern can be seen on the daily time frame perspective
best entry for shorter descending triangle - 524-520
best entry date for longer descending triangle - after 2nd week of july (10-20 july)
[Turtle] Airtel 500 PE Support BetSelling Airtel 500PE.
If 500 breaks, then I will take 520CE.
Short PE is Long view
I am selling naked Put at 940PE.
You can sell put spread.
I will take delivery if it falls below that level or hedge.
Will update.
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
Bharti AirtelRs 300,000 Cr Mcap
Both the non JIO players have returned -8% this year.
Interesting Wave like stock chart pattern.
With literally no pricing power and huge Capex every decade, wonder when will this industry make any decent profits.
Rs 520 seem to be holding the Fort, once that gives away...its will be a lost signal.
Airtel Airtel my 🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂 triangle pattern break out then sustainable 5 candle then may buy opportunity this
Charts education porpoise not recommend buy or sell buy or sell ur risk
Airtel Swing TradeObservations:
1. Ascending Triangle
2. RSI (14) looks strong and is showing strong buy strength
3. MSB (Market Break Structure
4. Area of Imbalance on the upper side (marked on chart)
I see 3 opportunities with buy side entry with R: R 1:2 (next clean high); 1:2.75 (next clean high) and 1:3.91 (Imbalance area)
Airtel Swing TradeAirtel consistently taking support around 520
If it's breaking dynamic trend line can enter into trade.
1st Target will be 577 and 2nd target will be 589 in couple of days
Stop loss will be 527
How to make big profits in BHARTIARTL ✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :)
✺✺ Target: 1000 Followers ✺✺
$ Chart type: symmetrical triangle, Let it break for the above and close on a daily basis, if the risk to reward of your setup matches with your appetite then go long, also do use your setup once before trading to recheck if the trade is worthy :) Happy trading guys
✺--------------------------- Motivational and psychological area ✺
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good peoples, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
✺------------------------------------ Some info-------------------------- ✺
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<< Thank You Have a Nice Trading Day >>>>>>
BHARTI AIRTEL LTD Its a ascending triangle .Wait till the 'A'
point then buy it then u can have the great position .
Bharathi Airtel Ltd - Head and Shoulder & Descending TriangleHi Guys,
Please find the detailed analysis of my view in Bharathi Airtel Ltd
Time Frame of Chart - Daily
Current Trend: Bearish
Trend Reversal Pattern found in Candle Stick: Hanging Man
Volume Support the Reversal based on Candle Stick : Yes
Whether EMA50 Cross EMA200? Flat
ATR Volatility? Down
Chart Pattern: Triangle (Descending) and Head & Shoulder
Build Up happened before /after the breakout of the Chart Pattern? Yes. At Support
Breakout Happened? No. Awaited
Breakout Happened with god volume in Chart Pattern? NA
Post Breakout Next Candle in-line with breakout candle? NA
Retest Happened? NA
CPR? - Bullish Bias
Previous Virgin CPR is there? NO
Whether Breakout happened near the CPR? Yes
Support: 520
Resistance: 546.25 and 608.90
Trading:
Sell : Below 520
SL - 550.15 ( Closes Above Daily in TF)
Target - 459.70
Risk: 30.15
Reward: 60.30
Ratio: 1:2
Regards,
Thenali Views.
BHARTI ARITEL bharti airtel for intraday only with levels
if you take any decision so plz consult to your financial advisor this is only for eductional purpose
BHARTIARTL - Long PlayWell, everyone was waiting for RELIANCE AGM and market verdict was 'disappointing'. This should have a rub-on effect on BHARTI in the days to come.
I would like to play this pattern on the upside - potentially looking at 850 in the long run(this is weekly chart).
Lets see how this thesis plays out.
BHARTI AIRTELNSE:BHARTIARTL taking support at 200 ema daily. Best time to buy if you have patience.
Else wait for trendline to break and daily rsi cross 60.
Add quantity once previous swing high is broken.
Extremely favourable risk reward ratio.
SL - Daily close below 200 ema.
Head and shoulder pattern in bharti airtelHead and shoulder pattern in bharti airtel
Short term swing
