Thursday, 9 August 2012

Bharti Airtel.

Bharti has posted very bad results and is now at Monthly support.

Please take a look at chart.

Usually there is always a pullback for some sort on Monthly level.

Hence its a good long with stop loss daily closure below 252 range.

On breaking of 252 zone it can be shorted again for target upto 206 range.

But right now it seems a good buy for some pullback.

All the best!

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