Tuesday 2 April 2013

Chart Update : Bharti Airtel

Bharti Airtel Chart:




Attached is 5 Hour bar chart for Bharti airtel. We are going to have a break out to this symmetric triangle pattern mostly in one or two day.  On the upside 297- 300 zone is an area if stiff resistance...  In order to avoid getting trapped conservative longs can be initiated only above 300 ( very important level  Psychologically) for target of 310 & 320 . On the other hand shorts can be created on break of 288 for target of 283 , 274 and 260.. 

Plan your trade accordingly. 

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Happy Trading.

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All the views and contents mentioned in this blog are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss accruing from the use of any content from this blog. All readers of this blog must rely on their own discretion and neither any analyst nor any publisher shall be responsible for the outcome.



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