Bharti Airtel - The final push for 425-430 from 400 zones

Jul 11, 2017

Current Price@401.50 Time- 13:25 Hrs, 11th July2017

In previous update suggested to sell below 325 which did not activate & bharti pushed again upside to new highs of 410.

Trading Strategy
In next few sessions, if bharti holds the zone of 397-402 -Takes rest means gets good support in the desired zone as mentioned & starts moving above 402 then likely we see a push upside which can extend to 425-430 zone which was updated in Jan 2017 earlier update shown as 410-430 zone.

Going above 453 - Bharti becomes extreme bullish case or falling below 355-350 - troubles for bharti to come next.

Previous Update - Sell not activated below 325 - pushes to 410 Highs

Jul 11, 2017

Trade active

14:45 Hrs 11th July2017

Last Price@396

Let us see if we get support in this zone as suggested above 397-402.

Jul 12, 2017

Trade active

09:32 Hrs 12th July2017

Last Price@400

Gap up move for the day makes session high@402.30. Moving above 402.30 next is what we will be eyeing here.
Last Session as expected 397-402 hold - it slight surpassed to 393-395 zone & opened gap up.

Jul 12, 2017

Trade active

12:30 Hrs 12th July2017

Last Price@395

Did not sustain above 402 which we were looking for an upside trigger . In opening move high of 402.30 it is still intact.

Jul 17, 2017

Trade active

10:13 Hrs 17th July2017

Last Price@408

We shall book profits which was initiated above 402 & take a pause for sometime.