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Disclaimer: This Blog, its owner, creator & contributor is not a research analyst and expressing opinion only as an Investor in Indian equities .He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog.Information or stock recommendations contained in this blog are for educational purposes only. Investors are advised to consult financial consultant before acting on any such information. Before acting on any old recommendations, please ensure its relevance in current circumstances.

Wednesday, August 8, 2012

Bharti....What lies ahead??

Today we gave a Investment buy call on Bharti Airtel in the region of 283-278 and recommended a 35% buy of the desired qty. 
Post recommendation Bharti hits intraday low of around 280.6 and after that it went on to hit around 289.
Going technically I feel It has strong support in the region of 278/276 & 264/261 and could give a good bounce from the mentioned support levels.
Only a closing below 260 long should be avoided & above 261/264 it looks very much healthy & could give good returns.
So one can trade accordingly.

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