BHARTIARTL

Bharti Airtel Limited:
Supporting the previous technical projection, we can find a head and shoulder pattern breakout now, which is driving our targets to 240 in medium term. Good opportunity to be identified is going short two lots of stock derivative of April month at 270 and wait for 250 at least. (i.e: 20x2(1000)= Rs. 40,000). [Sl: 290]

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]