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Bharti airtel

Discussion in 'Technical Analysis' started by verenmitter2001, Jul 1, 2013.

  1. verenmitter2001

    verenmitter2001 Member

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    Occupation:
    IT, Education & Ex-Army officer
    Hi
    Bharti has formed a W . can be bought fwith Stoploss of 278.
    Please comment.
    regards
    Veren
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes but I would prefer buying at a breakout of 300 with a stop loss of 278
     
  3. verenmitter2001

    verenmitter2001 Member

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    it has crossed 300 in intraday.
    we can buy or wait for closing????
    Regards
    Veren
     
  4. shabbir

    shabbir Administrator Staff Member

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    We can buy based on your risk reward but I would definitely.
     
  5. verenmitter2001

    verenmitter2001 Member

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    Hi I am holding airtel.
    What should be the target as per you shabbir

    Regards
    veren
     
  6. Prescilla

    Prescilla Member

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    Hi Shabbir,

    In airtel chart, there is big shooting star and then short selling has taken place. What is your view on this Shabbir.
    Regards,
    pf
     
  7. shabbir

    shabbir Administrator Staff Member

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    Forming a higher top higher bottom and so wait for couple of trading session and if 280 is not taken out, buy with the stop loss of 280ish
     
  8. chequesuraj

    chequesuraj Member

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    Dear Shabbir,

    Is it shooting star or doji??? If it's doji then its bearish i guess...
     
  9. shabbir

    shabbir Administrator Staff Member

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    Could not understand. Can you please explain it more.
     
  10. chequesuraj

    chequesuraj Member

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    8th July candlestick is doji right? cause its Open=293.2 and Close=293.6...

    so is it still shooting star pattern?
     
  11. shabbir

    shabbir Administrator Staff Member

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    More of a shooting star but what matters is long positions should be avoided.