Prasanna,
The way I see it, Bharti is hugely oversold. And is bouncing back. I think a rise to 296 is possible. Close above 296 levels can take this to 310, if the overall market holds up.
Abhijit (AP) also had posted a OOPs Buy on Bharti sometime back. Please check that post as well.
Cheers,
Girish
From: Technical-Investor@
Sent: 30-Nov-2009 13:31
To: Technical-Investor@
Subject: [Technical-Investor
Hi Guys,
I attached a chart of Bharti Airtel. From the chart, especially ADX oscillator is indicating a strong negative direction, but the stock is moving up.
Please advise me how to interpret the chart.
Thanks in advance
G Prasanna Kumar
http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
No comments:
Post a Comment