Bharti airtel in weekly Time frame is consolidating in a range for the last 8 weeks. Also price is moving inside of 9th Jan weekly candle high & low and any side breakout and breakdown will be fast & furious. I would like to go long around 740-750 level which is breakout retest zone also with SL any day closing below 733. If i get entry near 740/750 then my Targets would be 1)780 2) 790 3) 800(being round number) 4) 821 and once 821 is crossed i will bring my SL to 780 level and let this trade run.
Always respect risk, happy trading :)
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GTT at 740 got triggered, SL of 730 got saved, now hammer at a good support zone is good news for bulls in this counter. once 780 is achieved will offload some qty and bring sl to cost so that there is no loss for me in this trade. :)
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T1 & T2 are achieved and 67% qty offloaded, for remaining qty SL is now at 745. No chance of losing money now :)
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have brought TSL to 758 now in remaining qty atleast 13 points will get. Tension free trade