Sunandamedi

AIRTEL - WAIT FOR CROSSING @ 372!

Long
NSE:BHARTIARTL   BHARTI AIRTEL LTD
ALL THE FORMATS BULLISH.

HOURLY CHART HAS A PENNANT FORMATION TO A BULLISH FLAG POLE.

LET THE PRICE CROSS 372 LEVELS, TARGET FORESEEN FOR AIRTEL IS 430 IN THE COMING WEEKS.

WHAT NEWS COULD CAUSE SUCH A HUGE UP MOVE?

MAY BE THIS ONE?

(Bharti Airtel is likely to partner with private equity major Warburg Pincus to pick stake in Dish TV.

Post-merger, the merged entity would command a 62 per cent market share of the 70.5 million paying subscribers in the Indian DTH sector).

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