Wednesday, December 7, 2011

Stock Tips for the Week - Earn more in less time

Bharti Airtel is trading at Rs. 376.65. Strong buy recommendation as the stock has shown in recent cyclical trends to reach the value of Rs. 390 or more within 5-6 trading sessions. The general trend in the stock has been to vacillate between the range of Rs. 360-400.

The stock might go below Rs. 370 depending upon the market openings tomorrow, however, as we highly anticipate positive news coming from europe on friday, the markets are likely to trade above 5000. However, even when markets were trading below 4750 the Bharti stock still traded between its aforementioned range. Hence a good buying opportunity for short term gains.

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