NSE:BHARTIARTL further upside only above 630 SL closing below 580 T 650, 665, 680, 710
I Have study the price action of bharti airtel, i have spotted twezzer top bearish candle in 2 hrs time frame on the resistance. This time may be reversal happen and price will be reached around 520 and then it will form a range and then it will give a price breakout BUY BHARTI AIRTEL BUYING PRICE : 520; SL : 500 TARGET PRICE : 690 THANKS
BHARTIARTL has been in a five month long consolidation zone from March till July. In the end of July series it has given a breakout. One can go long with an immediate target of 572.15 and 593.35 with stop loss placed at 551.45. P.S. Extra bullishness is because of (i) impending crossover of 25EMA over 50EMA, (ii)the two hooks in the MACD chart.
Lets see if the Resistance shows its Power at Level of Rs620 Today Stock Touched 620 Level. NSE:BHARTIARTL
wait for the breakout and enter the trade its gave for massive income in or 2days or some days which side breakout go
AS SOON POSSIBLE its rooking on the way wait for the breakout and the stock massive up in are days but wait which side breakout and enter the trade its a triangle pattern
Bharti Airtel has crossed the trendline with upward breakout bias.
As per trend Long Above - 550 for 600 & More Short If breaks rectangular zone & support of - 512 Accumulate for TGT 700 +
As per Chart pattern we can expect upmove to 600 & more; If gives decisive closing above 550. Else Can show levels below 480 if breaks rectangular support around 512. Long above 550 or Accumulate for 700+
Bharti Airtel in near to support levels around 420
Bulls will rule if breakout above 539 levels marked happy trading...... Like.. Share... Follow...
Breaking of channel on 10th May and then Fibonacci retracement upto INR 548 on 9th June is self explanatory and clearly visible in the chart. Parallel channel between 7th June and 23th June clearly shows importance of 21 DEMA crossing 200 DEMA - 1st from below on 7th June which led to increase price action and then from above on 23rd June which led to stock...
Bharti airtel has formed a perfect head and shoulder pattern in the daily time frame. On top to bottom analysis, it can be seen that it has got a rejection from the trendline on 5 min time frame.
wait for retest then take a trade above 542 Stoploss-530 take a trade at own risk
Important Levels Buy above 548 1st Near term target:572 2nd Target: 601 Final Target: 625 Stop Loss Level: 508-518
Bharti Airtel completed its Both Timewise correction And PRICEWISE CORRECTION.... expected to Give 50% Percent move In next 3 months
Resistance Trend line Breakout Done in Hourly time frame, Can go Long now or in Dips near 549, with Stoploss of 544, for Targets of 564, 571, 581, 591 & 600 Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing