BHARTIARTL trade ideas
[HP] Bharti Airtel Sell IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Rising Wedge breakdown in BHARTIARTLBHARTI AIRTEL LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakdown of Rising Wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 894-.
✅Can Go short in this stock by placing a stop loss above 953+.
BHARTI AIRTELAIRTEL - seems to be forming an ending diagonal pattern suggesting a reversal in the trend (short-medium term). Overall the stock is in a long term bullish cycle but a correction (Wave 2) is possible towards 700.
This is only an idea based on the Elliott Wave Theory. Manage any trade/Investment at your own risk.
SWING BUY OPPORTUNITY in BHARTI AIRTELRefer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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Bhartiartl - Weekly ViewBhartiartl - Elliott Wave Count
On the weekly charts, Bhartiartl displays a clear Wolfe Wave formation, indicating that the market is likely to undergo a significant correction toward the 720 range. It is advisable to exercise caution when considering long positions. However, if the market breaks above 950, this view would be deemed invalid.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:BHARTIARTL BSE:AIRTELPP NSE:BHARTIARTL1!
Bhartiartl - Wave CountBhartiartl - Elliott wave analysis
Bhartiartl is expected to experience a price decline soon, so be cautious with long positions.
However, there may be a slight upward movement prior to the decline. Approach trading with caution.
NSE:BHARTIARTL BSE:BHARTIA NSE:BHARTIARTL1! BSE:BHRT1!