BHARTIARTL trade ideas
Bearish Gartley AirtelBearish Gartley Bharti Airtel. Airtel has shown good rally on Friday. A bit more upward movement is there. Once reached PRZ (Potential Reversal Zone) area Wait for Reversal Confirmation on lower time frame candle stick. One can short with a given Stop Loss. Always use Trailing Stop Loss.
Chart by Krishna
BHARTI AIRTEL 600 Target BULLISHBullish Bias in Bharti Airtel
AGR news has given the stock a breather
Yesterday Major Selling was due to MSCI re-balancing
Can be bought at CMP levels if sustained above 540 in 1hr TF
Target 1 585 level
Target 2 600 level
Stop Loss at 505 levels
BHARTIARTL 4HRBullish CRAB@1.902XA Ultra high volume down bars - trap of Smart Money , Higher volume-Professionals are buying into the public selling
ULTRA HIGH VOLUME for going LONG we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR
Price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
Airtel can bounce from current levelsWe have seen from the past how airtel has bounced from 200 day Ema. We are expecting the same.
BHARTIARTL 4HRBullish Deep Crab .Ultra high volume down bars - trap of Smart Money. Professionals are buying into the public selling – Higher volume
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
IF Price breaks ULTRA HIGH VOLUME Candle HIGH with LOW VOLUMES & with NO SUPPLY l.e place for BUY
POTENTIAL BUY
BHARTI AIRTELTHIS ONE HAS FINALLY BROKEN THE TRENDLINE WHICH IT CROSSES IN MAY, IT CAN BE A SELL WITH 508-509 AS STOP LOSS
TILL IT REMAINS BELOW THIS LEVELS IT HAS REACH 478-480
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Intraday stock selection for 7/9/2020The main features of the descending triangle pattern are:
A flat support line.
A descending trend line that connects a series of lower highs.
The flat support line and the descending trend line converge to a poin
BHARTIARTL change in trendBharti Airtel took support at 200 DMA, even with high volume sell off on monday couldn't able to break 200 DMA, afterwards we have big bullish candle on the account of AGR verdict. and also broken recent resistence trend line. if it falls further 20 EMA is better price to enter which is at 535, it can easily rally upto recent highs of 600.
