SELL at 345 TARGET around 335 RSI should move below 40, it will definitely come below.
Airtel has an interesting pattern. There is a 5 wave complete pattern which is either an Ending diagonal or a Triangle. Depending on which one it is, the next move could be very swift - either up (in case of a triangle) or a down(in case of an ED). Need to wait for a clear confirmation for continuation.
Bharti Airtel's long term demand and supply zones.
must take this trade of short sell … AND PLEASE LIKE MY POST AND FOLLOW ME FOR MORE FUTURE PREDICTIONS LIKE THIS ...
RSI is rising and So will price > NSE:BHARTIARTL
Airtel Stock Is currently Forming a Head and Shoulders Pattern And It has also Failed to Cross It's Resistance ..
Bharti Airtel looking strong at current level. After correcting from 540 levels it has formed base at 375 - 380. Currently stock has broken out of a falling wedge pattern and has also formed a downward channel pattern formation. One can go long here with Targets - 412/421/432/437. SL- 392 The stock can also possibly form a Head and Shoulder 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...
Bharti Airtel Ltd's stock ( Ticker BHARTIARTL ) has been in sideways consolidation for roughly about 8 years from 2008 to 2016, with a broad range of 240 - 440/480. We have traded this range successfully with simple sideways trading strategy where you buy at the range support and sell near range top. But this time we are less inclined to get involved, at least...
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.
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.
Double bottom and a positive hammer candlestick formation confirm buying at current levels. It signals a buy opportunity at minimum risk. T1: 360 SL: 337 If it breaks support of 337 then it may go down to 328, keep a good watch
bharti airtel look week below 345 1 target 333.55, 2nd target 321.40, and 3rd target is304