Bharti Airtel ca touch Rs 1000-1050: Gujral

Technical Analyst, Ashwani Gujral is of the opinion that Bharti Airtel can touch Rs 1000-1050.

Gujral told CNBC-TV18, "Reliance continues to look quite strong and it’s consolidating between Rs 2,550 and Rs 2,700. Once Rs 2,700 gets taken out, then we start getting into the Rs 2,900 category."

He further added, "Bharti also seems like its finished its consolidation and now should head upto levels of Rs 1,000-1,050 because one would remember that Bharti has been in a correction for a long time and now it is finally its breaking out, its fundamental performance is coming through. So that’s a pretty good bet on Telecom."

"Now the market is moving up, I think you may see Hindustan Unilever flattening out between Rs 225-250. This stock moves when there is jitteriness in the market. I don’t think FMGC would move if you have a further rally from here."