SP Tulsian of sptulsian.com advises short term traders to buy Bharti Airtel for a gain of Rs 6-8.
Tulsian told CNBC-TV18, “Bharti Airtel news is mild positive but now all the eyes will be more on two matters i.e. intra-circle roaming and the 2G which will be heard by the Supreme Court today and in the next week. So, probably that will be there but the stock seems to have bottomed out.”
He further added, “The stock has been seeing lot of shorts getting created so maybe trader can look to buy for a short-term for a gain of about Rs 6-8 on the stock.”
On April 15, Bharti Airtel closed at Rs 279.85, up Rs 6.50, or 2.38 percent. It has touched an intraday high of Rs 283.70 and an intraday low of Rs 271.50.