Bharti Airtel formation of accumulation zone. Should see selling pressure till middle of channel
Entry: 762
Target: 726
SL: 782
stock is getting ready for big move but before that it should kick out weak hands. Just a view
#Bhartiartl Long (29 Mar)
RSI-65
Inverse head & shoulders pattern breakout
Buy at CMP-749 or at 736
SL-699
Target- 775, 822
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Dobule bottom pattern is formed, excerpted a bullish move, moving average also shows price in bullish trend, MACD is also bullish, a good quarter and overall annul results expected, debt decreased, costumer base increased, AGR per user increased.
Note*plz correct me if I am wrong or what better can be done.
A dobule bottom pattern is formed, moving average shows price in uptrend, MACD is bullish also expected a good quater and overall annul report, debt is reduced, customer base increased, revenue per user also increased, Which eventually support this (Arrording to me ) .
Note* plzz correct me if I am wrong also tell me what better can be done.
Bharti airtel is looking bullish on daily chart with a breakout of H&S patern.
MACD and RSI also positive with good volume.
Nearest target can be 780 to 800 followed by 900.
Keep on eye in Airtel Soon we can see breakout and after breakout 900+ level can be achieved easily.
Cmp 754
Breakout on 780 above
Tgt. 900+
SL as per chart pettern low of the 2nd candle before breakout candle.
Date : 29-Mar-2022
Rating: Buy.
LTP : Rs. 754.95
Target : Rs. 780-->850
SL : Follow the trailing SL indicated by the moving averages on closing price basis.
Bharti Airtel Ltd. has given multiple break outs on technical chart. It has given break out from its secondary down trend within its primary up trend. It has also broke its near term resistance levels...
AIRTEL PP
Nice move seen on chart,
Given trend line breakout and now testing at Resistance level
Also 50% fibo level is there.
If 380-385 levels broke and sustain, then will b a good move for min 1-2% targets in Intraday
& Positionally look for targets of 395-420 to 450 levels
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Note:
Above levels are for education purposes only
Do your own analysis...
Bharti Airtel Ltd.
Bharti Airtel Limited, also known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Airtel provides 2G, 4G LTE, 4G+ mobile services, fixed-line broadband, and voice services depending upon the country of...
Bharti airtel is moving in a rising channel it can move up above 730
there is a confluence of factors signalling a strong move up.
1. uptend + resistance line break
2. Horizontal resistance break.
Hope you found this helpful.
Happy Trading!
