'BHARTIARTL' FOR INTRADAY 11TH OCTOBER 2021Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
AIRTELPP.E1 trade ideas
BHARTI AIRTELBuy above- 699
Target one- 709.80
Target two- 720.15
Target three- 731.90
Target four- 740.10
SL- 665
BHARTI AIRTEL Inverted head and shoulder pattern spotted in bharti airtel. enter after neckline break.
Bharti Airtel Bullish ReversalBharti Airtel Up For Head and Shoulder formation
MACD Showing crossover too.
Buy the Breakout (30min)
Targets and SL are mentioned
A nice Intraday/Swing buyWe can see that the uptrend has resumed after a good correction
Good trade with good risk-reward ratio
BHARTI AIRTEL - BULLISH SETUP - 1HAs we know, Bharti Airtel is in an uptrend, i.e. making Higher Highs and Higher Lows. It has a higher probability of continuing its uptrend and we may see its new all time high. The logic behind the setup is :
1. Price broke the trendline from the top which was giving resistance. Its in the bullish correction phase now.
2. Inverse Head and shoulder, which is a bullish pattern.
3. RSI divergence, i.e. Price made a lower high but momentum made a higher high.
One can enter the trade only after the smaller trendline is broken, keeping the stoploss below at 675 and taking primary target at 750. Target depends on the market trend and one's Risk Management. Potential targets are shown in the chart.
Disclaimer : This is my personal analysis and opinion. Its not a recommendation or call. I am not a SEBI registered advisor. One should do its own analysis and consult their financial advisor before taking the decision.
This is my first published idea. Please let me know your views.
Happy Trading
Pull Back Candidate Reversal CandidateBharti after a BO and gud run, tested Breakout zone formed reversal candle with volume expansion
AIRTEL good momentum playAirtel has given multi year breakout very nice time to get in and ride for 1 year.
daily trend reversalstock seems ready for upmove ,can enter in corrections ner 690 levels if it comes for a target of 718
Bharti Airtel - BullishFib Pull Back after Strong Up Trend
Holding up 0.5 Area
Holding 200 Ma daily
Previous resistance turning support
View negated below 660
Tgts 745 and above
How to trade using RSI Divergence?To identify any divergence, first of all look at the current structure that the price is forming like the above case, Bharti Airtel is forming lower lows clearly and when we look at RSI it is forming up Higher lows.
Therefore RSI contradicts the price and this tells us that RSI doesn't support what the price is doing so it's a bullish RSI Divergence. RSI here is not in line with the price so we will be adhering to what the RSI is doing.
For taking entry, we would wait for the price to break first lower low that indicates that price is now ready to bounce back and we will enter by keeping previous low as Stop Loss.
This is an example of Bullish RSI divergence.
Now for spotting Bearish RSI divergence the price must be forming higher highs whereas the RSI will be forming Lower highs which is an early signal that price is going against the RSI and hence we will short here.
That's how RSI divergence works, hope I made it simple!
Happy Trading!
Bharti Airtel
buy abov 681
Sl 677
tr 1 - 686
tr 2 - 692
tr 3 -706
We are not a SEBI registered analyst. This is for educational purposes only. You must consult your financial advisor before you trade. We do not advise you to buy or sell. You can trade at your own risk. We are not responsible for your profit or loss.
Thank you
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Bharti Airtel coming footprintBharti Airtel is good to trending stock 850 coming scenario footprint. here short-term upcoming way. always follow pullback for an opportunity.
Long in AirtelThis scrip had recently brokeout from the major pattern and it's consistently making HH & HL. It's now bouncing back from the previous high, swing traders may go long now with minimal SL, just below the previous swing high and by going with Fib i set a first target of Rs.794, RRR of 2.8, seems like a great trade opportunity.
big breakout is near(SWING TRADE)wait for the breakout, if it is with volume and closes outside the trendline after the breakout on daily timeframe on either side take position accordingly.STOCK WITH LOW RISK BUT GOOD REWARD.
thank you.
Sell Bharti Airtel Crossed 50 Period Moving Average
Support Level is Near 650
ATR Increasing and RSI near 60
Bharti Airtel Good short CandidateMultiple bearish harmonic pattern formation on weekly time frame with bearish divergence on rsi and macd indicators,, prz levels of both pattern confluence around same levels,, counter have achieved the maturity levels of patterns,, waiting for reversal bearish candle on 60 mins and 240 mins,, once the confirmation is done,, expecting a fall of 7-10-15% in counter,,,
Good short candidate
BHARTI AIRTEL | What makes it a good buy at the moment ?CMP- 538 (enter when the price drops to 510-520 level)
SL- 510 (closing basis) 499 (more structural)
Target- 600+
-500-520 level of #support formed with good VOL
-Fib retracement 50% of the previous rally
-Major EMA's flattened out
-Delivery in VOL have increase on these level shows accumulation
-The triangle is in the verge of end (price may break either-side)
