Bharti Airtel News Creates Buying OpportunityBharti Airtel is in the news this week as its parent company Bharti Telecom decides to sell $1bn in stock to retire debt. Here’s Bharti Airtel’s weekly chart showing its 12-year base breakout from earlier this month. Momentum has waned a bit on the upside, but overall this structural breakout remains intact as long as prices are above 490. Both the absolute and relative trends in Bharti Airtel suggest that any short-term weakness created by this week’s news should be viewed as a buying opportunity. As long as the stock is above 490 on an absolute basis, its long-term uptrend remains intact and suggests much higher prices in the months/quarters ahead. More info in the blog post linked below.
BHARTIARTL trade ideas
BHARTI AIRTEL Profit and TARGET Achived BHARTI AIRTEL Now Looks bullish in Short time Frame.
I told you last post 520 and 530 is very Strong support Level in 30 minuts Chart Time Frame so retrace and Bounce back from exactly Support level.
and I opened call at 13/- ( 560 ) so achieved my Target and gave me 100% Returns within 2 Days.
now trading 562+ and 560 call price is 25+.
Still My Target is 640/-
hope you enjoyed with my call.
Support : 530/-
Resistance: 553/569/-
This is Not Financial Advice.
#DYOR
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