Buy Bharti Airtel on every Dip

Bharti Airtel was in mode of uncertainty till now. Fundamentally I am not convinced yet but speaking technically , it is now ready to touch 380-400 in comming 3-4 months . Stock has seen major dowfalls in last 18-20 months but failed to sustain below 300. If we see the scenario of more than two years then also it has limited downside to 260 level. It has made false head and shoulder pattern which was not supported by volume on weekly charts. So now I will recommend to buy the stock on every dip keeping the stoploss below 260 for targeting 400 in next quarter and soon we'll hear some favorable news for Mr. Mittal. SO now buy and only buy even if you don't place a stoploss order.