Bharti Airtel Formed Head and Shoulder Pattern , If Airtel Break its Support Zone We can see more downside or if show reversal sign from here we can make a long position with SL Below the Support Zone.
Sell Below 527. Closer to Last 2 Low Swings & Also seems bearish in day chart.
BHARTI AIRTEL has previously tested a very strong support on the 520 line. Buy at that support and enjoy a rise keeping a target of at least 550. Keep a stop below 495.
I THINK BHARTI AIRTEL CAN BE SHORT BECOZ THERE IS HEAD AND SHOULDER PATTERN IN DAILY TIME FRAME STOCHASTIC IS DOWN MACD IS DOWN / RSI COME TO NEAR 30 & ADX IS RISING THAT'S WHY I AM SHORT IN THIS WITH MODERATE TARGETS
HnS formation in progress in #BhartiArtl with neckline of 518. Need to wait for a breakdown confirmation. Not sure if any correction is due in markets or not. But if it does, stocks which lead the fall can give a big dip than those who participate later. Any #Short near Nifty ATH must be hedged.
Bhartiairtel is looking weak on charts and may fall upto 515/510 levels, there is a H&S pattern in the stock. Initiate shorts wilth tight stoploss
TRIANGLE PATTERN--------- IF GOES DOWN CAN GO UPTO 470-480-----(IF MARKET CORRECTS) TARGETS CAN BE 705+--- 850+ SKY IS THE LIMIT-----BIGGEST BREAKOUT IF TAKES SUPPORT FROM TRENDLINE AND GOES UP
DATE: 17/06/2021. MY FAVOURITE BHARTI AIRTEL IS FORMING A TRIANGULAR PATTERN ,FOCUS ON THIS STOCK AND ADD THIS TO YOUR WATCH LIST. IF ONCE BREAKS I'LL UPDATE YOU,SO FOLLOW ME
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
intraday trading idea for buy
This Trade idea is for 01.04.2021 If Breaks 523 level then go for buy. If Breaks 514 level then go for sell 90% market will be opening sell side. Entry points marked in yellow NOTE: For perfect entry watch it on 5 Min candle. For Safe Trade: Book Profits after 1st target hit or book 50% and trail SL and wait for 2nd target to hit Or Close the position.
BHARTIARTL has made a Falling wedge pattern. Keep an eye on this, will give a good move once breakout happen.
Bharti Airtel - 4H- Head and Shoulder Pattern
Symmetrical triangle breakout+hammer candle stick+44 days ema . Target -570------620
Level mention on chart stoploss 525 target mention on the chart
bharti airtel chart analysis for intraday and swing trading
Near breakout point after long time of correction.