Bhartiairtel

#1
i just wanted an advice on bharti airtel as it is trading near year low nowadays...should i buy this scrip...or should i wait further....waiting for ur valuable advises........:)
 

Class

Active Member
#3
It all depends on your strategy. If you are looking for long term profits and are willing to wait then you could buy some now and see if it goes down further and buy more for a long term out look.

If you are looking for short term profits then you need to look for a buy signal, that is a new intermediate trend beginning.

The fall is mostly fears over per second billing cutting their profitability and possibilities of spending money to aquire other companies. The MTN deal fell through which gave the stock price a spurt but then they announced that they were still interested in other companies.

Currently there is not much driving the price in the near term so decide on your strategy and if you have a long term out look you could buy some of the shares now and average out as the stock price shows some strength.

All the best, hope this helps.
 
Last edited:
Thread starter Similar threads Forum Replies Date
S Equities 3

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?