BHARTIARTL 's weekly Support and Resistance levels According to Gann price Square where BHARTIARTL can take a support and face resistance in coming week
levels with # are most important among those levels.
NSE:BHARTIARTL
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio is 1 :4 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BhartiArtl is likely to give a major breakdown below 640. As long as stock is trading below 686 it has higher potential to test 610/576/518. Don't expect targets to come in hours. But pattern is negative as off now. SAR mean reversion system given sell signal on weekly charts. Current downtrend may extend for 8-10 weeks.
In this Bharati Airtel Ltd chart, focus on 5min TF. You'll able to see that there is a ascending triangle pattern . Currently the price is at Major Resistance. The price has already reversed from that resistance. If the Price breaks the resistance, we can go LONG. The Ascending Triangle pattern is about to BREAKOUT. Bharati Airtel for 15Jun2022 can do in Intraday.
The double bottom pattern seen in today's trading session has been re-tested in AIRTEL and according to this pattern it is likely to go up to 707+
time period : 2 weeks
stop loss: 648(day closing)
Bharti Airtel is on Crucial Level we must need to be ready for both side trade at time buy above breakout 685.15 target will be 703.40 and sell below 676.25 Target will be 658.85
Please Note : We are not SEBI Registered advisor this information we are sharing for Educational Purpose Trade as per your Risk appetites.
Thank You.
Stock at Key Support Zones of 670-640.
Bulls can try to dominate on Upside till these levels are protected.
Value Buying can take place at these levels
took support exactly from 650- levels
target 1st---
mid of parallel channel 705-710
target2nd--
upper resistance level 750-760
I have uploaded this chart already on 23 may.
