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26-08-2024 10:56 AM | Source: Religare Broking
Stock of the day : Bharti Airtel Ltd For Target Rs. 1590 - Religare Broking

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Bharti Airtel Ltd

* The stock has been trading in a rising structure forming series of higher highs and higher lows.

* However, after hitting all time high, the stock witnessed time wise correction and traded in a sideway consolidation.

* It has rebounded from the lower end of the range with gradual pick up in volumes.

* Considering the price structure, stock is likely to reclaim new high and hence fresh longs can be created in the mentioned range.

Buy Bharti Airtel Ltd CMP 1506.75 Range 1504-1508 SL 1465 Target 1590

 

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