NSE:BHARTIARTL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and...
Observations:: NSE:BHARTIARTL
the stock is trending upwards.
the price is broken the previous resistance @790-795 range.
after breaking resistance price is slowly moving towards next resistance.
we have a trendline support as well.
The previous resistance acts as support, price will move upwards again.
we have next resistance@820-825 range. Price may...
Hello Traders,
This stock of Bharti Airtel is picked for your trading with the purpose of adding some value in your earning. For this you need to understand both part of my predictions in form of marking that you are watching and predictions, how to use them by checking below .
Bharti Airtel
1 hour : Price has tapped on extreme supply zone and gave IFC candle by taking liquidity from above.
watch for confirmation on 5 min timeframe and we can see short term downside momemtum.
Thank You....!
HELLO FRIENDS,
Today I am sharing the possible ELLIOT WAVE counts of BHARTI AIRTEL on monthly, weekly and daily time frames.
Bharti Airtel is in wave (5th) of 3rd wave of bigger impulse wave 12345.
Generally as per ELLIOT WAVE guidelines, bigger wave 3 may go up-to 1.618 of fib levels which is around 1060 on spot chart and also shown in the charts given...
In long term as well as short price always follow a channel in bhartiairtel case price follow a uptrend channel and our work is enter near Channels lower boundary with defined risk .
On weekly chart of Bharti airtel which is following a channel is on crucial support level of trend line, 745 is crucial support if this held will trend to go up otherwise it may crash
NSE:BHARTIARTL
dont sell above 730.
it will show weakness if it is below 730.
super support at 739 level.trendline is making resistance.above 754 it is bullish can touch 770 level.
Bharti breaks key support and ends below 200. Take an itm put as iv is multi month low. 760 put is just 3 bucks if extrinsic value
Keep a stop at 760 which is the 200. The put will lose 50 percent at the stop. Target of 710 which is the next logical support.
Bonus, bharti coming out of a multi day squeeze and flag, which is fairly unique
Disclaimer : It is not a financial advice am not a professional I don't take responsibility for your loss or this post is not to hurt anyone sentiment or reputation it is for educational
purposes.......
Airtel month chart showing 2 regular bearish divergence and on top of that a falling wedge, and it near ath my suggestion here is to consider taking some profits...
