Why BHARTI AIRTEL: Taking support from the Trendline & channel low. : Good support from the 50ma. : Good Risk to Reward Ratio of 1:4 Good fundamentals
NOTE: THIS IDEA IS FOR EDUCATIONAL PURPOSE ..TRADE AT YOUR OWN RISK,
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Good bounce from the support
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Looking good . following proper price action.
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Target one achieved @810
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nice bounce after red .. expected to hit d targets in next 2 weeks.
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our second target of 850 hit on 31may..
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Airtel is following proper price action. Trade is active,..
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Note
Airtel Performance.. we r in a good position , about 100++ pts up from our buying levels of 780. now we can look for 920-960.
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Finally, our target of 920 was achieved.
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High of 954
Note
For this stock, the profit booking zone is between 970-980. You can book your profits or trail with a stop loss of 950-960.
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Fresh high of 1014
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It is suggested to book profits at 1000. In case of a dip, it may go down to 950. or It is possible to hold aritel as per convenience since it has the potential to reach 1400 levels.
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After 15-16 months, our investment in Bharti Airtel has nearly doubled. We initially bought the stock at 780, and it has now reached an all-time high of 1,536.
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