Thursday, June 13, 2013

Bharti Airtel

Bharti Airtel

Bharti Airtel found supports at its trend line. Buy the stock crossing its 5 Day Low EMA @ 281.35 for targets of 5DHighEMA @ 290 and 300. with SL at 274.6. Also there is a wedge forming with this correction. Crossing that wedge formation also shows strength for the stock towards the targets.

 If stock breaks the trend line at 274.6 then go short on the stock for targets of 266.

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