June 30, 2015

Telecom stocks monthly charts

BHARTI AIRTEL: stock is trending up slowly in last 2 years. Immediate support is 330 levels (trend reversal). Expect more strength above 450 (resistance).

IDEA - stock is trading close to lifetime highs. Support is at 125 levels. Weekly close above 180 will be bullish.

RCOM - stock trading near lifetime lows... nothing more to add

TATA COM: stock in uptrend. Support 350.

Kamalesh P Langote
Research Analyst

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