BHARTI AIRTEL: Symmetrical Triangle formationBharti Airtel trying to break out of a symmetrical triangle after taking support from the demand zone.
BHARTIARTL trade ideas
BHARTIARTLStock has given breakout from triangle pattern. Buy above 548 tgt 8 to 10% Sl 520. For educational purpose only. Kindly contact your financial advisor before entering any trade.
AIRTEL +ve RSI DivergenceBack on strong support of 524-525. Once orange trend line is broken on upside(541), strong buying momentum will be observed. Buy above 538/540 and sell below 518/515.
BHARTI AIRTEL DAILY CHART ITS IN VERGE OF TRENDLINE BREAKOUT . TGT 575-580 , MEDIUM TERM TGT 615-620
#BHARTIARTL seems to be ready for much awaited Break Out!If crosses & sustains above 551 with good volume, it'd be considered a Triangle Breakout. Possible upside target: 575/600/625/New ATH. SL below 518 for short term & 498 for mid term.
Bharti airtel broke the triangular pattern and is ready to go upBharti airtel broke the triangular pattern and is ready to shot up one can buy this stock for swing trading for medium turn and the risk involved in this setup is low 1:2
all the levels are mentioned in the chart
Bharti Airtel Ltd- Holding the 500 level for past 3 monthScript is in between 70 points range for more than 3months and near 50% Fibonacci retracement.
If it breaks red color trend line then buy will trigger, in such case SL-499 on closing basis.
Target- 575, 600 and 650
Final target will be 700 to 750
Bharti: Strong Breakout on Cards on Back of Price HikeThe Price Hike has come in select plans but market may take it as a signal of end in price war and future price hikes from other players. If breakout sustains then we can see good upmove in coming days
Weekly rangboundTread in narrow range keep eye for good breakout
This is only for education and knowledge
Consolidation still on!Stock is consolidating for days now and may continue doing so. 521/510 are 2 SL's that can be used for Short Term and Mid Term trades respectively. Long only above 551.
Trendline will be broken soon Consolidation is going to an end. Trendline will be broken soon with huge momentum, SL is below trendline and Target is previous swing high
Bullish Trend Strong Buy on daily and weekly chart.
Wait for the BO and confirmation candle.
Could wait for retest entry.
Bharti airtel long positionBharti Airtel is giving opportunity for positional traders by forming symmetrical triangle on daily time frame, breakout can give buy and breakdown can give sell opportunity.
BHARTI AIRTEL D TFTRIANGLE BREAKOUT ON DAILY TIME FRAME LOOKING GOOD IF SUSTAINED ABOVE 549 TARGET 600++ IF GIVES CLOSING ABOVE 549
most awaited stock!....all the selling that has come on February last week has been observed.....
all the weaker bulls have been eliminated!...
and now it's time to move, but one should maintain there stoploss below the support region
enter only with less quantity....and get ready to reverse your position if it goes against you...
comment me if you have any doubts, and do like and follow for more such updates....
