Monday, 12 May 2008

BT Group Plc(LSE)





BT Group Plc is a FTSE 100 company. It has formed bottom at around 200 price level. from past 6 to 8 weeks it is trying to trend higher. Double bottom has formed in past 8 weeks, 2nd bottom is higher than 1st bottom, which is a sign of uptrend momemtum. Now market is trading at 220 . Anypull back to 215 is a good buying opportunity with stop-loss at 200 level and target at 235 or above level.

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