On day charts: As of now I see upside capped at 271.4.
Downside would be protected only if Monday low is > 258.
But I wd adv to stay away touching this scrip long till the high of a day touches / crosses, 280.1 as of Friday close on a declining basis….
Bear strength far outweighs bull power. If you wish short < 258 with 280 final SL / initial 267.4. Lower side support seen at 252.
…………………………………………….
ID RT may play a game like this. Game favors shorter as of now
Short below 260.4. SL 263.3
Buy abv 263.3 SL 259.5.
As of now I see rejection of a upside reversal.
Abe
From:
Sent: Sunday, May 30, 2010 2:25 PM
To:
Subject: [sharetrading] Bharti Airtel
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Happy Trading,
United we grow!!!
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