Monday, June 24, 2013

Bharti Airtel

Bharti Airtel

Stock is moving in channel downward. It looks stock recently completed its 4 th sub wave in channel down ward. Stock may see more downside if it could not move above 300 levels.Stock is also forming bearish Wolfe Wave with for target price of 262.

One can go short on Bharti on a raise till 300 levels. Closing Above 300.50 can be taken as SL for a target of 262 levels.

No comments:

Post a Comment