Any turnaround in quarterly results can give Idea a push to complete Cypher Pattern. The stocks seems to have bottomed out. Targets of 120-185 can be considered if Mar'18 quarter shows improvement in financials.
Bharti Airtel on weekly basis has taken support from Rs 375 range (volumes increased, RSI moving up from 35 levels) from where the earlier rally started making high of Rs 564. The stock can be good long term buy to re-enter at current levels for targets of 560 (major resistance at 435-440 levels). Post consolidation in telecom sector, the worse seems to be over,...
BPCL has given a sharp breakdown from support levels of Rs 400. Near term bearishness is expected till Rs 295-300 (next support zone) supported by rise in Crude Oil prices.
