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Thursday, November 12, 2009
Bharti Airtel
Medium term investors can accumulate Bharti Airtel at current level. near term outlook on the sector is bearish because of ongoing tariff war. trades see Rs 280 as a key support for the stock. as it was the lowest level touched during the market meltdown in October - November last year. Bears will try to push the stock below this level so as to trigger technical based selling pressure at the counter. medium term investors should hold and slowly accumulate stock at lower level.
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