Airtel Strong Q3 and Uptrend

7 de fev.

BHARTIARTL is showing a good uptrend with good Q3 Numbers.

Revenue growth was driven by strong underlying momentum in India, sustained constant currency growth in Africa, and the consolidation of Indus Tower Limited, effective 19 November 2024. Net profit increased significantly due to an exceptional net fair value gain on Indus Tower and a forex gain due to currency appreciation. Capex for FY25 is expected to be lower than FY24, and that would expand in FY26. Fibre rollout continues to be a key area of focus for the company.

About:
BHARTIARTL is one of the world’s leading providers of telecommunication services. It is in 18 countries, including India, Sri Lanka, and 14 African countries.

F&O Activity:
Long Buildup in Futures with 1720 CE Gaining Significant OI.

Trade Setup:
It looks like a good 1:1 trade setup, with the recent base as a strong support zone, the RSI and MACD trending upwards, and the trendline being respected.

Target(Take Profit):
Around 1720 Levels for Swing & 1842 for Positional Trader.

Stop Loss:
Entry Candle Low or Trendline for Swing Trader and Recent Base for Positional Trader.

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Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.

10 de fev.

Trade ativo

Couldn't Cross 1700 but made a inside day with rsi and macd strong

11 de fev.

Nota

Another Kinda Inside Day from the Breakout Candle as not able to cross 1707.
Still Strong in this weak market.
RSI AND MACD Strong.

13 de fev.

Nota

Gave a Swing to 1728.
Swing Traders can book.
Aggressive Swing Traders can trail stop Loss.
RSI AND MACD STILL STRONG

17 de fev.

Nota

Bearish Engulfing 2.4% Down.
Trendline Intact and Base are Still not broken.

19 de fev.

Ordem cancelada

After the block deal, not able to sustain.
Aggressive Swing Traders can exit.
Positional Can Wait.