Thursday, March 21, 2013

BHARTIARTL


Bharti Airtel Limited:
Evidence of Elliott wave is observed here in the stock price graph. Wave C is going to end at about 260. Good option here is to go short 2 lots of Apr future derivative of the stock at 300 and wait to square the positions at 260. (i.e: 40x2(1000)= Rs. 80,000). [Sl: 315]

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