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.
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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