Bharti Airtel is at the major support level of 640-630. Fundamentally this stock is going to do good as per consumer wallet share in increasing with the increase in consumer. This fall the best buying opportunity for long term investor who believe internet will drive the world.
First target of airtel is 780. Once it crosses it sky is the limit for it.
Nifty is in process of completing head and shoulder pattern. Also it is heading for 15 to 20% correction from high of 18600. Mid term target for nifty is between 15900 to 14900.
Britannia broke Resistance @ 3260 and moved swiftly to 3400 and closed below Resistance level of 3395. Considering current scenario if will be hard to brake 3395. If it is able to hold 3393 it will gain 60 points before starting downward journey. If it is not able to hold 3395 britannia can be a perfect short for target of 3100
