Bharti Airtel
BHARTIARTL
vs Vodafone Idea
IDEA
Both posting heavy losses
AGR woes for telecom operators - 24th Jan deadline for payments, airtel 35k crore outstanding, idea 50k crore outstanding
Why is airtel stock price increasing and idea stocks price decreasing ? does this mean idea losses would be airtel gain
some analyst say if idea goes down (other than this AGR they have other problems as well to fight for - losing subscribers, Vodaphone idea integration woes) - 100 million subscriber base of idea would be for grabs and airtel & Jio would be beneficiaries
Is Airtel a good bet? don't know about long term but for short term yes
Technicals - heavy volume - Price in the Sell zone
buy above yesterday's high
Entry Price - buy above 504
1st target Price - 516
2nd target Price - 543
Happy Trading
BHARTIARTL
vs Vodafone Idea
IDEA
Both posting heavy losses
AGR woes for telecom operators - 24th Jan deadline for payments, airtel 35k crore outstanding, idea 50k crore outstanding
- both want curative measures from govt
airtel claims will be routing some funds from funding that they have secured, idea hasn't published what they would be doing
Why is airtel stock price increasing and idea stocks price decreasing ? does this mean idea losses would be airtel gain
some analyst say if idea goes down (other than this AGR they have other problems as well to fight for - losing subscribers, Vodaphone idea integration woes) - 100 million subscriber base of idea would be for grabs and airtel & Jio would be beneficiaries
Is Airtel a good bet? don't know about long term but for short term yes
Technicals - heavy volume - Price in the Sell zone
buy above yesterday's high
Entry Price - buy above 504
1st target Price - 516
2nd target Price - 543
Happy Trading
Trade active:
airtel made a high of 512.7 and closed at 508 - Let's see tomorrow if it touches the first target
Trade active:
Made high of 515 today
Trade closed: target reached:
Made a High of 523 . First Target closed :)
Comment:
Second Target also reached ..