Monday, November 1, 2010

Bharti Airtel:Is this the start of a new Bull Run??

After a strong rally from the levels of 265 to 360 levels, this bull run seemed to have come to a halt due to the correction on the scrip. However, Airtel has now shown a formation of the bullish falling wedge. Also, the crucial level of 330 was surpassed , which has confirmed this pattern. Thus, the scrip now has a target of 348-350 and above. Ideal target achievement should be end of November

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