I see that Airtel went up to 500 - 550 before falling below 440 remaining there for 10 years.
Could it be currently repeating the same pattern where it recently went up to 560 and is now falling where if it were the same pattern it could head below 440 again.
Basically I am trying get an understanding of your conviction to Buy and how did you arrive at 800 / 1000 Target. Also if I got it correctly you don't expect the stock to go below 480, is that correct?
I see that Airtel went up to 500 - 550 before falling below 440 remaining there for 10 years.
Could it be currently repeating the same pattern where it recently went up to 560 and is now falling where if it were the same pattern it could head below 440 again.
Basically I am trying get an understanding of your conviction to Buy and how did you arrive at 800 / 1000 Target. Also if I got it correctly you don't expect the stock to go below 480, is that correct?