-------- Forwarded Message --------
Subject: Bharti Airtel:Fine Tuning Its Africa Operations--Blw 405-400
May Fall To 390-370 Zone, Where It Could Find Good Buying Support For A
TGT Of 455
Date: Wed, 29 Jul 2015 09:07:23 +0530
From: Asis Ghosh <asis...@gmail.com>
Reply-To: asis...@gmail.com
To: undisclosed-recipients:;
Technically, Bharti (CMP:410) has immediate support of 405-400 zone and
sustain below that it could fall to 390-380-370 area. Consecutive
closing below 370*, it may further fall to 359-350-338* &
326-317-310-290-279 territory in the worst bear case scenario.
On the upside, sustain above 405, Bharti may immediately target
412-419-426. Only consecutive closing above 426-430, it may scale
438-443-455 in near term. In the mid to long term, sustaining above 455,
Bharti could target 465-475-485 & 500-510-535 & 565-600 under bullish
case scenario (FY:16-18).
Bottom Line:Technical Trading Levels (Positional)
SL</>5 FROM SLR
BHARTI CMP 410
T1 T2 T3 T4 T5 T6 T7 SLR
Strong > 405 412-419 426-430* 438-443 452-455* 465-475 485-490
500-535 <400
Weak < 400 390 380 370* 359-350 338* 326
317-279 >405
Bharti is presently deleveraging (selling & exiting) its unprofitable
African business except better markets like in Kenya and Nigeria to
reduce its huge balance sheet debt of around Rs.62200 Cr. The company
will concentrate more now on India (specially in 3G/4G) as our country
has now better telecom regulatory environment, comparatively less
competition than few years ago due to growing consolidation & huge cost
of operations (where only players having deep pocket could survive in
future) and stable telecom tariff. Also there will be huge opportunity
in data market as India is now world's fastest growing smart phone
market and also there will be "Digital India" initiatives. Now-a-days,
people are increasingly talking less over mobile and OTT IM like WA is
the preferred way for seamless communications, which is consuming more
data.
But some headwinds might come from R-JIO in terms of tariff & market
share etc in future.
As par BG metrics, current median valuation of Bharti Airtel may be
around 445 and its projected fair valuation might be around 475-530-600
(FY:16-18 On standalone basis).
SCRIP EPS(TTM) BV(Act) P/E(AVG) LONG TERM SHORT TERM MEDIAN
VALUE 200-DEMA 10-DEMA
BHARTIARTL 33.02 166.93 14.29 430.46 449.68 440.07 392.7 428.54
BHARTIARTL 38.05 190.3 14.29 462.09 482.71 472.40 392.7 428.54
BHARTIARTL 47.5 217 14.29 516.29 539.33 527.81 392.7 428.54
BHARTIARTL 59.5 250 14.29 577.84 603.63 590.73 392.7 428.54
To be continued for some more useful inputs----
<http://2.bp.blogspot.com/-qW62OdADj7I/VbhIb0KxQvI/AAAAAAAADk4/Cw-lXpGQlpU/s1600/BHARTI-28-07-2015.png>
<http://4.bp.blogspot.com/-4qTdy-3dcQA/VbhIdsid3uI/AAAAAAAADlA/5j2HwNKY3uI/s1600/BHARTI-FIBB-28-07-2015.png>
<http://2.bp.blogspot.com/-8DpiiHP2bxI/VbhIfTSPKBI/AAAAAAAADlI/0uWzF6GIF68/s1600/BHARTI-WK-28-07-2015.png>
<http://2.bp.blogspot.com/-nU4xd6kJhKw/VbhIhy2o4eI/AAAAAAAADlQ/WySrtjbUMBw/s1600/BHARTI-TL-28-07-2015.png>
<http://4.bp.blogspot.com/-oFYOGRXWBXA/VbhIjm-TRLI/AAAAAAAADlY/XYXRFasV4YQ/s1600/BHARTI-PATTERN-28-07-2015.png>
<http://4.bp.blogspot.com/-_8NcJUMaBbY/VbhIlhlynbI/AAAAAAAADlg/yKU3cBERTyc/s1600/BHARTI-PATTERN-MT-28-07-2015.png>
--
Thanks & Regards,
Asis Ghosh
(asisghosh.blogspot.com)
NCFM-TA Certified
--
Kindly email stock reports at
STOCKRESEARCHER@googlegroups.com
For sharing knowledge
-- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE.
http://www.niftyviews.com/
Disclaimer :-
"The opinions expressed by the members on this board are based on
their individual experience and perceptions and to share information
with other members with the best of intentions to help fellow members
in investment decisions as equity investment is a risky venture.The administrator of
www.Niftyviews.com just provide a platform for the authors to express their opinion
and take no guarantee for the genuineness of the same."ANY member of this forum
doesnt prepare or publish any research report; or ii. provide research report; or
iii. make 'buy/sell/hold' recommendation; or iv. give price target;
---
You received this message because you are subscribed to the Google Groups "Niftyviews.com" group.
To unsubscribe from this group and stop receiving emails from it, send an email
to stockresearcher+unsubscr...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.
