Sunday, July 24, 2011

Bharti Airtel Technical Analysis

Bharti Airtel hit fresh 52 week high on friday on the news of hike in prepaid call rates by upto 20% in some of the circle.

On charts the stock looks extremely strong and is clearly in an upward trending channel. After long consolidation for about an year the stock has given a breakout in april this year.

InvestorZclub believe that the stock might touch 480 levels in 6 months time.

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