Saturday, October 10, 2009

BHARTI GOOD FOR LONG TERM


Sir,pls make a techno-fundamental analysis on Bharti airtel. I have + at 415 in future 1 lot. Ask by shri manas dash from mail.
1. Bharti airtel is a 5 rupees face value stock.
2. bharti airtel spilt there stock from 10 rupees to 5 rupees at 24-07-2009 so price of bharti airtel is became just ½ of his former price due to spilt adjustment and most of investor does not knew this spilt story they think price fall is due to bharti-mtn deal.
3. Promoter holding in bharti airtel is 67.41 percent with no pledged share and FII hold 19.58 percent in this share is a good fundamental.
4. but technically share enter in a long term rest zone same story of infosys in last 2 year you may note that in last 2 year infosys traded in a range of 1200-1900 and now infosys is ready to make new highs.
5. so I think fundamental of bharti airtel is sound but share move slow and under perform the market for coming 1-3 year not only bharti telecom sector may under performer.
6. please do not play in future and option

CLICK HERE TO READ MY ARTICLE SAI BABA OR SHARE MARKET ABOUT FUTURE AND OPTION
7. Book value of bharti airtel is only 72.50 and in 2001-2002 share traded at 40 only so there are more room to price fall in short term.
8. about your future position convert it in to cash market delivery position and hold for recover your loss ( yes I knew this is very difficult and almost impossible on a margin position but my friend this is only way to success in future and option so F&O is for big player which have capital of more than 10 lac and able to convert there position in cash market )
THIS ANALYSIS IS MAHESH CHANDER KAUSHIK OPINION ONLY NOT A PROFESSIONAL ADVICE SO READ DISCLAIMER BEFORE TAKE ANY ACTION.
SENT YOUR SHARE QUERY TO mckaushik00@yahoo.co.in FOR A FREE ANALYSIS ON THIS BLOG.
PLEASE SENT ONLY ONE QUESTION AT A TIME.

Matched Content

My Youtube Channel

Blog Archive

हिन्दी वेबपेज आफ महेश कौशिक डाट कोम

Google+ Followers