BHARTIARTL has come out with it Q3 result below expectation, and that is why we saw a sharp fall on 1/02/2013, but by this kind of sharp fall it has enter into a weekly demand zone of 323.9-329.6, and it closed @ 329.4. On weekly chart it is forming HH-HL pattern that suggest even in longer term prospect BHATRIARTL is the bet. And therefore, in spite of two consecutive weekly demand zone very near by (second one 299.55-309), I would like to take a long entry @ CMP 329.4 with a stop loss of 321, for the tgt 360, risk reward ratio of 1:4 is really making me greedy.
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