On assuming the chart of Bharti Airtel, it seems that the stock is near its multi months upward resisting trend line which is placed near 390 levels. A closing above the trend line on daily basis may blast the stock on upper levels. However, buying may be advised after breaching the trend line resistance, till then wait and watch whether the stock may be corrected...
Key Levels for BHARTI AIRTEL are : t.me - JOIN TELEGRAM CHANNEL
Upper Breakout~385.50
First Target~387.50
Interim Resistance~392
Final Resistance~396
**Lower Levels**
Lower Breakout~380.30
First Target~378.70
Interim Support~375.40
Final Support~372.50
Please trade with caution and consult your financial adviser before trading. You can...
Bharti Airtel is breaking it's range (~340-380) slightly due to speculative/news based buying which doesn't seem sustainable. Short orders can be placed if it dips below 375 for targets of 340-335. Also, all the news channels seem very bullish on it which according to my experience means there's a high probability it will fall.
Hi All,
Finally this stock is out of resistance zone.. time to start moving towards the previous high of 520
Wait and watch the price action.
Happy investing
Disc: Vested interest and biased views
ON CHART EVERYTHING MENTIONED. BUT THIS YEAR UP MOVES SHOWING SOME STRENGTH SO HUGE CHANCES TO HIT 414 THEN CROSSING ABOVE 460 AND CAN CLAIM ALL-TIME HIGH
IF YOU GUYS HAVE ANY CROSS VIEW PLEASE FEEL FREE TO COMMENT
THANK YOU
ARMAN
Bharti Airtel Limited is a global telecommunications company with operations in 17 countries across Asia and Africa. In India, the Company's product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH and enterprise services, including national and international long-distance services to carriers. In the rest of the geographies, it offers 2G, 3G and 4G wireless services and mobile commerce. Its divisions include Mobile Services, Telemedia Services, Digital TV Services, Airtel Business and Tower Infrastructure Services. Mobile Services offers postpaid, pre-paid, roaming, Internet and m-Commerce services. Telemedia Services provides fixed-line telephone and broadband services for homes in 87 cities pan-India. Its Direct-To-Home platform offers digital TV services. Airtel Business provides information and communications technology services. Its subsidiary, Bharti Infratel Ltd, provides tower and related infrastructure.
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