Description
⋅ ALL THE FORMATS BULLISH.
HOURLY CHART HAS A PENNANT FORMATION TO A BULLISH FLAG POLE.
LET THE PRICE CROSS 372 LEVELS, TARGET FORESEEN FOR AIRTEL IS 430 IN THE COMING WEEKS.
WHAT NEWS COULD CAUSE SUCH A HUGE UP MOVE?
MAY BE THIS ONE?
(Bharti Airtel is likely to partner with private equity major Warburg Pincus to pick stake in Dish TV.
Post-merger, the merged entity would command a 62 per cent market share of the 70.5 million paying subscribers in the Indian DTH sector).