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can be bought with sl of 380

Discussion in 'Technical Analysis' started by verenmitter2001, Nov 20, 2014.

  1. verenmitter2001

    verenmitter2001 Member

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    Dear shabir,
    whats your view on airtel?
    Can this bought at camp with sl 380

    Regards
    Veren
     
  2. shabbir

    shabbir Administrator Staff Member

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    Fundamentally no.

    Technically what pattern do you see?
     
  3. shwetagnema

    shwetagnema Active Member

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    in my opinion, it is better to buy it only after 420.
     
    yankeedin and shabbir like this.
  4. yankeedin

    yankeedin Responder

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    This Bharti Airtel is a char so bees share!!!!!!!!!!!:paranoid::sneaky:
     
  5. shabbir

    shabbir Administrator Staff Member

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    No but then it is in a business where price is the only USP and so you will not see business thriving in that sector.
     
  6. Suresh_Sinha

    Suresh_Sinha Active Member

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    Do you think this stock has no value fundamentally?
     
  7. shabbir

    shabbir Administrator Staff Member

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    The profit margin for telecom industry is going low but Airtel is able to maintain good profit margins but then sales are not increasing at a big rate. Overseas operations can only work for this company fundamentally and so I say fundamentally a NO unless you have a view of a decade or something.