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Bharti Airtel

Accumulate Bharti Airtel  for portfolio up to 280 Stop Loss 275 Target 360 plus


Analysis:- According to our analysis in upcoming period we can see new positive surge in  Bharti Airtel. Bharti Airtel from the past months moving in descending channel pattern in daily, weekly basis and this channel patterns are making a rectangle channel with 380 Resistance and 280 support level in daily basis but in coming period descending cannel will show reversal from support level.
 
  In coming period we have bullish and positive view on Bharti Airtel and from support level 290-280 we can see new bull rally with upside target of 360 - 380, we are expecting this positive rally will start soon in this coming month.  
 
 We advice to accumulate Bharti Airtel from 280 with upside target of 360-380 and 275 will stop for this trade.



(11.02.2014)


BAHRTIAIRTEL (DAILY CHART)



























Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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