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Tradermonk Tradermonk BHARTIARTL, D, Long ,
BHARTIARTL: Bharti Airtel - Rectangle bottom pattern
51 0 4
BHARTIARTL, D Long
Bharti Airtel - Rectangle bottom pattern

Bharti Airtel testing the rectangle resistance line @ 380 where a lot of supply is currently visible in the rectangle bottom pattern formation A cup n handle formation within the horizontal rectangle Bottom pattern is visible. A Close above this resistance line would signify an upward breakout. High volumes expected. Trading strategy : Buy above 382 Target ...

econ_rizwan econ_rizwan BHARTIARTL, 60, Short ,
BHARTIARTL: Cypher on BHARTIAIRTEL
26 1 1
BHARTIARTL, 60 Short
Cypher on BHARTIAIRTEL

Opportunity to short

tushargupta1991 tushargupta1991 BHARTIARTL, D, Long ,
BHARTIARTL: Bullish on Bharti Airtel
56 1 2
BHARTIARTL, D Long
Bullish on Bharti Airtel

Bharti Airtel could have completed a Flat pattern with wave c extension. I was expecting the up move to start at 333 in case of a regular flat (link attached). A move below the end of wave c would negate the setup and hence could be used as SL.

tushargupta1991 tushargupta1991 BHARTIARTL, 240, Short ,
BHARTIARTL: Bearish then bullish on Bharti Airtel
11 0 2
BHARTIARTL, 240 Short
Bearish then bullish on Bharti Airtel

Airtel seems to be tracing out a flat pattern. A lower breakout should start the final wave 5 of wave C of flat down, following which it should go up.

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