You See, Airtel is at a very crucial support of 550. This is a long term support area. Also this is being held by trend line which also happens to be the the 20 DMA.
Along with this the results of Airtel are quite good. The quarter is positive. close to 750 Cr. PAT. The Earnings per share is now positive for 2 quarters now. Perfect time to go long. for an easy target of 580.
Along with this the results of Airtel are quite good. The quarter is positive. close to 750 Cr. PAT. The Earnings per share is now positive for 2 quarters now. Perfect time to go long. for an easy target of 580.
Trade closed manually:
Trade didnt work, had to get out.