Is Bharti Airtel measuring our patience? / daily chart analysis
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Hello friends , Thank you all for prioritizing my idea. hit the like button and also follow for new update.
let's talk about chart.. we have to conditions after break or while retreat from resistance.
here we can see some Area where No trading activity founded it Is outlined as "Area Zero " and trend-line is breaking every previous Resistance.it has just broken this resistance and made a new one at 606.20
we can find magnet line where the price often touches. we have funded 3 magnet lines M1 , M2 and M3. every line can be our target.
here if price will break resistance at 606.20 then we can buy because it will be bullish or it will play move in trend channel like this and again touch at magnet Line. price have shown rejection by tail at 361.80.
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(0) well we should wait for breakout or when failed to make new Resistance. lets zoom in this point
if it will fail to make new Resistance we can see this :
because of some fundamentals , position is buy but we are not running on base of news so we will wait for signal to take position.patience will give us profit.
"news base trading Have high Risks" but we can afford only 1:3 (Risk:Reward)
....................................................................................................................................................................................
it's better to wait for Signal and perfect entry...
Thank you for you ... :)
.
let's talk about chart.. we have to conditions after break or while retreat from resistance.
here we can see some Area where No trading activity founded it Is outlined as "Area Zero " and trend-line is breaking every previous Resistance.it has just broken this resistance and made a new one at 606.20
we can find magnet line where the price often touches. we have funded 3 magnet lines M1 , M2 and M3. every line can be our target.
here if price will break resistance at 606.20 then we can buy because it will be bullish or it will play move in trend channel like this and again touch at magnet Line. price have shown rejection by tail at 361.80.
....................................................................................................................................................................................
(0) well we should wait for breakout or when failed to make new Resistance. lets zoom in this point
if it will fail to make new Resistance we can see this :
because of some fundamentals , position is buy but we are not running on base of news so we will wait for signal to take position.patience will give us profit.
"news base trading Have high Risks" but we can afford only 1:3 (Risk:Reward)
....................................................................................................................................................................................
it's better to wait for Signal and perfect entry...
Thank you for you ... :)
.
Nota
Thanks for motive me and giving your viewNota
Let market open...Nota
founded gap with -25 pts.
Nota
If it will cross 560 then we should get a new low.Nota
New post on Asian paints have been updated of you will read only this post you don't have to read book related, "price action"
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