Airtel has just breached its 4-month support line and price channel. The stock is oversold and may bounce back. If market continues to go downwards it's time to tighten your stoploss if you have not already done so.
Keep an eye on the stochastics movement for clues. Doji formation on 11th shows some resistance to the stock in moving further downwards.Chart Source: in.reuters.com, www.moneycontrol.com
