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Bharati Airtel - Head and Shoulders

Discussion in 'Technical Analysis' started by kamat79, Mar 27, 2013.

  1. kamat79

    kamat79 New Member

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    Hi Shabbir,

    I think Bharti Airtel formed H&S, and the neckline was broken by a bullish candle. I think this is bullish trend. Any suggestion? Kindly find the attached image.
     

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    kamat79, Mar 27, 2013
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  2. ajaysinghchand

    ajaysinghchand New Member

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    i feel it has already broken the neckline around 300 and now retracing towards the 300 mark. should now be a good shorting opportunity but we could see tomorrow.
    in any case 310 should be a strict stop loss
     

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    ajaysinghchand, Mar 27, 2013
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  3. shabbir

    shabbir Administrator Staff Member

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    H&S is on but I will still wait for some breakout
     
    shabbir, Mar 27, 2013
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  4. sainath85

    sainath85 Member

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    Hi please help me.. at this point is 280 support level and 310 resistance level for Bharti Airtel?
     
    sainath85, Mar 28, 2013
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  5. kamat79

    kamat79 New Member

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    Hi Shabbir, which neckline is correct? Please refer to my chart and Ajay's chart in this thread. :)
     
    kamat79, Mar 28, 2013
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  6. sainath85

    sainath85 Member

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    @all please post your resistance and support level for Bharti
     
    sainath85, Mar 28, 2013
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  7. kamat79

    kamat79 New Member

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    sainath, according to me your levels are perfect
     
    kamat79, Mar 28, 2013
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  8. srspriya06

    srspriya06 Active Member

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    I think Support is at 265.. Resistance is at 330.. But this s not the right time to buy..
     
    srspriya06, Mar 28, 2013
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  9. shabbir

    shabbir Administrator Staff Member

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    300 was support which has been broken and so I think H&S is violated.
     
    shabbir, Mar 28, 2013
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  10. hirenrachh

    hirenrachh Member

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    Bharati airtel also seems to have formed W....can buy above 320 tgt 340 sl 310 or lower? Any sugestions friends?
     
    hirenrachh, Mar 30, 2014
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  11. shabbir

    shabbir Administrator Staff Member

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    Stop should be 290
     
    shabbir, Mar 31, 2014
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  12. masihpatel

    masihpatel Active Member

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    It is rocking.
     
    masihpatel, Mar 31, 2014
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  13. verenmitter2001

    verenmitter2001 Member

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    Hi all
    Can bharti AIRTEL be entered at cmp with sl 315.
    Also shabbir today's candle show selling at high level or rather at resistance or I am reading it wrong.

    Regards
    Veren
     
    verenmitter2001, Apr 15, 2014
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  14. shabbir

    shabbir Administrator Staff Member

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    Can be entered but at breakout and earnings report may be round the corner and so make sure you enter the stock and come out of it just before the event unfolds.
     
    shabbir, Apr 16, 2014
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  15. verenmitter2001

    verenmitter2001 Member

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    Hi shabir
    Breakout you mean is above 328 on closing basis and we can make a long position or some other levels? Also what SL to be considered while entering in breakout.

    Regards
    veren
     
    verenmitter2001, Apr 16, 2014
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  16. shabbir

    shabbir Administrator Staff Member

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    Above 330 with SL of 310
     
    shabbir, Apr 16, 2014
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