Technical Analyst, Vijay Bhambwani is of the view that Bharti Airtel is lot safer and rewarding bet than Idea over a period of time.
Bhambwani told CNBC-TV18, "The markets are clearly undecided on Bharti in absolute short term; I would want to break out of at least 5% above with very heavy volumes and qualitative buying buy the way of increased long positions in the F&O market would embay bullish confidence in Bharti. Idea is likely to move up in spurts rather than notch up in sizable gains or declines either way. Out of the two, Bharti would be a lot safer and over a period of time, even more rewarding."
He further added, "As far as realty is concerned, I don’t really favor realty too much because I expect the current up move to be nothing more than a very strong and sharp pull back. If at all, I was to stick my neck out, I would favor the heavy weights like DLF, because the volatility on large cap would be a lot less than what you would see amongst the large caps."