Stay with Bharti Airtel, says Mohindar

Rahul Mohindar of Viratechindia is of the view that one can stay with Bharti Airtel for long term.

Mohindar told CNBC-TV18, "If one is looking at Bharti Airtel for a long-term perspective, no worries. I see this stock finally with a one-year perspective of four-digit counter. So I think long-term this is a stock to stay with, one needs to be invested in it. If one is looking at this primarily on a short-term basis, Rs 765 and Rs 750 are the two next support levels. I would say one should give it a chance still at least Rs 750 unless that breaks, I do not think there is any reason to panic. In fact Rs 840 interestingly is a key level for Bharti. We have never really seen it close pass that for a couple of months. If we get pass Rs 850-840 levels I think we are surely hitting into a strong uptrend. So these are the two levels I would watch, Rs 840 on the upside and about Rs 765 on the downside."