Bharti Airtel may slip to Rs 320- 325, says Rahul Mohindar, viratechindia.com.
Mohindar told CNBC-TV18, "I am not particularly bullish on the telecom space but I must admit that after the last four or five days which has been a fairly sharp correction. Bharti Airtel, we might start seeing some support and it may move to Rs 360- 370. One can get out of the stock. My own sense is we are probably heading to a target of Rs 320- 325 on it."
He further added, "For Nifty, we should continue with a bullish view. My own sense is you would probably see banking as your strongest sector as I have been pointing out. To add to that list you might see some strength even within technology stocks, so specifically one could go long in TCS . I expect 4-5% upside there over next week. Yes Bank and Kotak is something I have been mentioning, so continue to be strong on that. Yes Bank I would probably think Rs 380 is a good target to be trading for and Rs 570 on Kotak Bank given a two to three week timeframe."
