Golden Gem - Bharti Airtel

Hello Pirates

Bharti Airtel

Telecom giant Bharti Airtel is the flagship company of Bharti Enterprises. The Bharti Group, has a diverse business portfolio and has created global brands in the telecommunication sector. Bharti has recently forayed into retail business as Bharti Retail Pvt. Ltd. under a MoU with Wal-Mart for the cash & carry business. It has successfully launched an international venture with EL Rothschild Group to export fresh agri products exclusively to markets in Europe and USA and has launched Bharti AXA Life Insurance Company Ltd under a joint venture with AXA, world leader in financial protection and wealth management.

Airtel comes to you from Bharti Airtel Limited, India’s largest integrated and the first private telecom services provider with a footprint in all the 23 telecom circles. Bharti Airtel since its inception has been at the forefront of technology and has steered the course of the telecom sector in the country with its world class products and services. The businesses at Bharti Airtel have been structured into three individual strategic business units (SBU’s) - Mobile Services, Airtel Telemedia Services & Enterprise Services. The mobile business provides mobile & fixed wireless services using GSM technology across 23 telecom circles while the Airtel Telemedia Services business offers broadband & telephone services in 95 cities and has recently launched India's best Direct-to-Home (DTH) service, Airtel digital TV. The Enterprise services provide end-to-end telecom solutions to corporate customers and national & international long distance services to carriers. All these services are provided under the Airtel brand.

If we look at the Map : -

If one is a trader, then they can buy this stock at the opening bell today, with a stop loss at 400, but the returns from the stock can be massive, this is a heavy weight stock & has been consolidating as lower levels for a long time, after the final disclosure of the deal being canceled with MTN in South Africa, this stock can expect a relief rally, as per the news, the MTN stock fall nearly 3% after the news was popped out that the deal has been withdrawn & they have also requested to stop the trading for MTN stock has per its effecting the market & the stock also.

Well yet again the history is repeated instead of new history being created in the books of Bharti Airtel & we have been recommending this stock for a long time, we have been posting updates to all at yahoo messenger & also said to go long in the stock with a stop loss.

For short term traders, if can't take risk, then buy this stock in between 410 - 414 - 418 levels keeping a stop loss at 400 for a target of 430 - 440 above 440 - 480 - 500 & above 520 on closing this stock can be a rocket & for long to medium term investors they can buy this stock at dips around 375 - 350 levels if they get at any correction for a target of 600 to 700 in the next few months.

The company is fundamentally very strong & the telecom sector is booming every year, being a market leader this stock is recommended to be in a port folio.

We knew this stock when the announcement was made in the market that the deal or joint venture os going to be held between mtn & bharti, from that day of announcement only this stock had crashed & we have been seeing this stock under performing since then, so we expect a big boom in the stock in the near future also & in the coming sessions also, as the markets didn't like the joint venture, how would you see the market reacting on the disclosure of deal cancel, its like a gift to the market and as this was pulling down the market due to bad news, this stock can pull up the market & may be the next hero for creating new high for the index.

Do track this stock don't miss it, risk takers can buy this stock at the opening bell, trade with stop loss dhoh.

Trading in the share market involves risk, the above mentioned information are my personal views & one can consult a Financial adviser before making any final decisions as we hold no responsibility for loss or profits.

Regards

Captain