Diamond Pattern in BhartiartlSell at aroung 775-790 with stop loss of 820 then targets are 720-680 around positional sell.
BHARTIARTL trade ideas
BULLISH OR BEARISH ?Hello guys and mates and respected seniors first of all Happy new year to all here I am sharing the first trading idea of mine in the year of 2023 what I observe is that Bharti Airtel trading in a parallel channel from last many sessions so I try to find out key levels for support and resistance will try to buy after resistance and will sell after support break, so from top if it break 825 levels we can go for long for the target of 845 and if it will break support from below of 801 so we can go for sell for the target of 760 levels so stop loss must in both condition is hourly candle close in opposite direction.
BHARTIARTL | Can play reversal here ?• Although trend is bullish , we can try reversal if safe opportunity will be there .
• let play one reversal , As facing pressure from upside .
• Resistance trendline from upside . (Channel made also)
• Entry:- 823.95
• Downside Supports can become our targets.
Targets :- 804.20 , 781.35
• Stop Loss / SL :- 842.75 or trendline
short - triangle formed in 15 minsTriangle formed in 15 mins
we can short with 1:1 risk reward
entry , sl , target placed in chart
How to Trade with Support & Resistance Leve - Bharathi Airtel How to Trade with Support & Resistance Levels
Always Try t buy Near Support Zone --- Airtel Support Zone - 765 - 780
Always Book Profit Near Resistance Zone --- Airtel Resistance Zone 860 -865
Exit From Stock if Any Candle Closes Below Support Zone - 765 - 780
Time Frame - Weekly
#Bhartiartl cash : Looks weak below 798 only#Bhartiartl cash -Positional call
28.12.2022
Looks good sell below 798 only
Stoploss 808
Target 786/772
Cmp 803.80
bharti airtel elliot wave analysis bharti airtel weekly chart analysis
1 Bharti airtel weekly chart 3rd wave start 19 oct 2020 and 5 dec 2022 . internal wave of 3rd wave count (1,2,3,4,5)
Wave (1) start 19 oct 2020 this time price of Bharti Airtel is 395 and end this wave 1 feb 2021 price 611.55
Wave (2) start 2 feb 2022 price 611 end this wave 28 june 2021 price 510
Wave (3) start 28 june 2022 price 510 end this wave 22 nov 2021 price 781
Wave (4) start 22 nov 2022 price 781 end this wave 11 junly 2022 price 628
Wave (5) start 11 huly 2022 price 628 end this wave 21 mov 2022 price 860
this stock last wave 5 internal sub wave 1,2,3,4,5 complete daily chart and 2 or 4 trend break and pattern confrim downside
weekly chart histogram move neagtive area
BHARTI ARTELNSE:BHARTIARTL
The stock is important level can its on hourly support
The stock can move 1.5 % till 825
BHARTI ARITEL Bharti airtel is short term stocks so dont do it for intraday all the levels and reasons are in the charts so watch out the simple analysis and invest
note : Before You Take Any Decision So Plz Consult To Your financial advisor
BHARTIARTL heading to a sweet spotNSE:BHARTIARTL seems to be going towards a sweet spot after making ATH. I would try to catch it around 780 levels with a tight stoploss.
Bharti LongBharti seems Long as per chart...Targets 335 and 342 and 353......If it closes above 332 then will jump to 342 at least once.....Strong support is at 822 and 825......
Bharti airtel ALL TYM HIGHSbHART Airtel after long cosnolidation seems to be in bullish\
looks ready to braek ATH
Downtrend Parallel Channel breakout in BHARTIARTLBHARTIARTL
Key highlights: 💡⚡
📈On 1h Time Frame Stock Showing Breakout of Downtrend Parallel Channel Pattern .
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement up to the Breakout target of above 860+.
📈Can Go Long in this stock by placing a stop loss below 830-.
📈 breakout this can give risk:reward upto 1:3+
Buy AirtelAirtel is about to complete it's corrective wave 4 which was likely a Triangle, Since wave 2 was deeply corrected therefore wave is side ways. Now We can it in Range of 822 to 810 with SL of 804 for a Tgt of 880/920.....pls don't forget to like the analysis if it's useful to you.
AIRTEL 1HR tFLook like opportunity on both sides and take a trade if breaks either upside or downside. As for as currently in uptrend market mostly it breaks out upside...
Forecast for Trend termination I have made efforts in Explaining the Proximity for Trend termination of this current trend ,
One can Look to trail the stop in case they have position or Look to trade with their own Methods
Good luck
Bharti Airtel 3 Hours AnalysisAscending triangle pattern along with falling momentum observed.
Indicates a possibility of breakdown
Target 823
Bharti Airtel Ltd.Bharti Airtel Ltd.
ABOUT
Bharti Airtel Ltd is one of the world’s leading providers of telecommunication services with a presence in 18 countries representing India, Sri Lanka, and 14 countries in Africa.
Market Leadership
The Company is India’s largest integrated communications solutions provider and the second-largest mobile operator in Africa.
Revenue Market Share - ~35%
Spectrum Share - 33%
Domestic Remittances - 16%
Aadhar-enabled payment systems - 7%
Geographic Split FY22
India - 67%
Africa - 30%
Others - 3%
Manufactured Capital FY22
Mobile Network Towers - 237,577
Mobile broadband base stations - 752,136
Optic Fiber Network - 355,079 Rkms
Submarine cable system - 7
Distribution Network FY22
Global Points of Presence - 65
Pan India Retailers - ~1.13 Mn
Rural outlets - 6,600
TECHNICAL ANALYSIS.
Time Frame - 1D.
1. Stock is at an all-time high level
2. Strong PUT writing in strike price of 820,830,840.
3. Call writers are trapped in the strike price of 830,840,850. (expiry in 2 days)
FUNDAMENTAL ANALYSIS.
Sector: Telecomm-Service.
1. Market Cap - ₹ 492,280 Cr.
2. Stock P/E - 79.2
3. Price to book value - 6.48
4. Debt to equity - 2.99
5. Free Cash Flow - ₹ 28,996 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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BHARTI AIRTEL BREAKOUT Bharti Airtel looks strong on weekly chart by breaking strong Horizontal trendline resistance which attempted by three hits on that earlier and breaking Bollinger upper band too and gives partial closing on above both on a very bearish and massive selling day yesterday but somehow it managed to do a close marginally on above mentioned parameters, one more thing that RSI indicator created a positive divergence too by breaking it's pervious resistance on it so that we can see coming bullishness in this counter. It is looking similar to triple top triple bottom pattern too.
Cause of long-:
1- Falling resistance breakout
2- Bollinger bands breakout.
3- RSI breakout.
Clear uptrending chart with breakoutNice chart with expecting upward movement in upcoming day currently trading near all time high zone....outperforming nifty...which is immensely positive sign
Bharti AirtelPrice is testing the resistance now. Can buy above 835 with the stop loss of 830. Targets are 840, 846 and 852. Any one who trade with strategy and manage risk can become a profitable trader. Sell below 828 with the stop loss of 833 for the targets 823, 818 and 812.
BHARTIARTL - Ichimoku Bullish Breakout Stock Name - Bharti Airtel Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 844
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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