BSE Telecom Index: The index is rising with “Higher High, Higher low” formation and the upward momentum will continue till 1187 level is held convincingly. Going forward, a close above 1,300 levels may further boost the momentum leading to 1,370 and then 1,400 levels.
The overall trend remains positive as the index trades above all the crucial moving averages 50-DMA, 100-DMA and 200-DMA. CLICK HERE FOR THE CHART Bharti Airtel Ltd (BHARTIARTL): The gap down below Rs 580 levels has dampened the upside move. If the counter breaks Rs 550 on the downside, then further selling ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
First Published: Fri, May 29 2020. 10:25 IST
