BHARTIARTL trade ideas
AIrtel- anticipating a new trend The triangle that has formed on daily chart indicates that the script is in sluggish market. There is always calm before the storm and that is what we can witness here as the script is moving in sideways. The turns from the trending lines confirms that they are strong enough to hold script within its limit wait for breakout or break down so you can follow a new trend and book profits according to bullish or bearish trend.
[Turtle] Bharti Airtel Straddle BetThis is extremely risky bet but I do not see sharp movement either in next 2-3 days because of its tight consolidation.
Will Sell 540CE
Will Sell 540PE
The net Initial credit is 12. It will be more than fine.
If the BEP is broken I will add put spread with ATM PE sell and with 30 pt OTM buy
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. Please refer to the link to my footer and explore further if You want.
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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.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Airtel bullish! Don't miss out.Airtel has been in consolidation for the past few months !
A clear chance of breakout after 551 range.
This analysis is only for educational purpose ! Please trade accordingly !
Bharti Airtel Ltd - 21.06.2021Bharti Airtel Ltd - 21.06.2021
The stock has made an intraday high of 541.90
Prices are above ema
Breakout possible above 555
one can initiate a buy position at current levels with support @ 531
watch out for the price action
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
Airtel wave predictionI am a beginner. Any elliotician please comment if I have done any mistake. I have fibbed target and retracement. Later I will combine it with price action. Macd also supporting upmove. Whatelse can I do in it , please suggest.
Intraday short bharti airtelBharti Airtel looking good candidate for short sell for short term target of 505 and 480,keep strict Stoploss of 555.55. However long term scenario is bullish for target of 890.
Bharti Airtel Ltd Weekly ChartThis is Bharti Airtel weekly chart.
Price is consolidating in the form of a triangle pattern from a long time now. If the price break the level of 552₹, we can expect the upside upto 575₹ & 600₹
Keep an eye on the movement of this stock.
AIRTEL- TIME FOR ACTION:{#73 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together .
🌟 BHARTIARTL - Plan, Logic and Risk in Description 💲💲🌟 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 🌟💲💲
✺ LOGIC ✺
✣Yellow Trendline: Supportive price line (Low-risk setups are created on this line )
✣Blue Trendline: Strong Resistance
✣Pink Trendline: Good Resistance
✣Red trendline: OK-OK Resistance
✣Blue Horizontal line: Monthly Resistance now Support LEVEL
✺Plan
✣One should enter on these levels with a Risk of 4% and hold as much as you can, as its a low risk and high reward setup
✣If you are a Breakout trader then enter only when it crosses all the resistance trendlines and SL can be below the Candle (small risk) or Swing low, I would say go for small risk as there might be some other good trade that u might miss the more you wait on a loser trade
🔰 {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 :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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Descending Triangle PatternA breakdown possible of the pattern and if sustains below 535 could trigger target of 520 with SL at 543.
Bouncing from supportAirtel has made a bullish candle from the strong support. Can be bought for a target of 565. CMP- 538.
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Happy Trading :)
