In bullish trend as it has formed a double bottom at 320 - 330 level and also it is making higher highs on daily chart since the formation of that double bottom. It broke all it's important simple daily moving averages like 20, 50, 100 and today 200.
Also today it enjoyed higher volume than the average daily volume.
All above statements indicate that Bharati should kiss 400 in short term and also the long term trend looks bullish. Stop loss should be kept at 375 on long position.
CMP as on today was - 385.85
