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critical position is in telcom sector
Posted by :
ashwanikr07@yahwhat should be the right step in telecoms sector. there is huge uncertainty in this stock. how much pain is left in this stock...
Tata Tele adds 3.9 mln mobile users in October
Posted by :
sree_237
India`s sixth-ranked mobile operator, added 3.87 million subscribers in October, maintaining its lead for a third straight month, data from an industry body showed.
Tata Tele, 26% owned by Japan`s NTT DoCoMo, was the first operator to launch a per-second billing plan, deviating from the industry norm of per-minute billing, which saw a strong response and forced bigger rivals to match it.
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FIIs lap up Airtel, RCom despite rating downgrades
Posted by :
rk2009
DEAR SUVVENA
WHAT IS THE EFFECT OF THIS NEWS ON THIS SHHARE.WILL IT GAIN STRENGTH TODAY, 292 LEVEL IS VERY CRITICAL SUPPORT TO HOLD......
Start accumulating BAL at 290, 280, 275 (Be very patient, it will go up for sure).
Posted by : metroamdavadStart accumulating BAL at each of these levels. You will surely get good return if you can wait for a long time. This is a long game and you need to be patient and strong enough to remain in the game. Remember BAL is planning to expand in overseas, so we will hear related news soon....
FIIs lap up Airtel, RCom despite rating downgrades
Posted by : suvvena
source economic times
20 Nov 2009, 0200 hrs IST, Nishanth Vasudevan, Deeptha Rajkumar & Santosh Nair, ET Bureau
Even as telecom majors face rating downgrades from top broking firms amid price wars and earnings disappointments, foreign funds have been
surreptitiously accumulating them of late.
Grapevine has it that a handful of top funds based in the US and Singapore have been mopping up shares of Bharti Airtel and Reliance Communications (RCom), especially the latter. Incidentally, it is rumoured that a chunk of the purchases in one of these stocks was made through one of the broking firms, which downgraded the stock.
But brokers said it is not fair to link the two events, as funds at times don’t heed the downgrade calls of broking houses, where they do the purchases.
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this is my 500 message
Posted by : rk2009I take this oppurtunity to wish all fellow boarders great achievements in stock market. I think only people with real guts try to earn money trough shares.Also i wish the trend in this telecom counter reverses tomorrow to make lot of people happy....
Hold any time target 350 in another 15 days
Posted by : jaggaBharti airtel with huge reserves and fantastic profit should catch up fast 350 within 15 days...
Heading
Posted by : somemoreIt should happen that way logically.But Im afraid the learned FIIs will not allow it to happen that way.If that is so easy ,you and I can become millionaire in reasonable timeframe.There will be no need of Mutual funds,no need of Technical analysts,etc etc and finally no need of technical analysts to be hired by FIIs.So it will happen on a day when the market looks very strong,raring to cross new high.At that time Bharti may look very highly priced after the last stock split even at 300.So the time has not yet ripe for Bharti thrashing.But you can try your luck with a put which is cheap now....
Heading
Posted by : NAUGHTY007will we c 280 levels tomm as nifty may tank another 50-75...
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Posted by : rk2009
Hi sree
I guess you are great opponent of Bharti and great fan of TATA DOCOMO!!! see toady sensex down 200 points Bharti stood like pillar above 292.50.I was apprehensive with great oppostion for telecom sector bharti and Idea these shares loose thier support levels at 292 and 50.they stood strong despite acid attack going on for days... watch this hare to bounce back.donot spoil others dish as it is of no use for any body quitting on verge of recovery......
Bharti airtel near term range could be 180-270....
Posted by : dipakgodi think this stock is bottom out at 290-300. if not break 290, than buy and avrage it for higher return. also think if cross 322 than target 380....
Bharti airtel near term range could be 180-270....
Posted by : marketmanExpecting rock bottom support level even in the worst case.......
Bharti airtel near term range could be 180-270....
Posted by :
Dr Who
Thats quite a range u have given. Y not just say a range of 80 - 270 and be done with it....
Bharti airtel near term range could be 180-270....
Posted by : marketmanYou can average at further decline levels.... and add more in said range.... do trading with part of your stock which will be purchased at lower levels so that average cost price can be reduced drastically... bharti is still a leader in the underperforming telcom sector.......
