Get in Bharti Airtel at Rs 336-337, says Anu Jain

Published on Thu, Feb 09, 2012 at 10:24 |  Source : CNBC-TV18

Updated at Thu, Feb 09, 2012 at 12:04  

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Anu Jain, Sr Vice President, IIFL Private Wealth Management

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Get in Bharti Airtel at Rs 336-337, says Anu Jain, Sr Vice President, IIFL Private Wealth Management.

Jain told CNBC-TV18, "Bharti Airtel is close just Re 1 off the support. So after the fall yesterday, I think its close towards support. It can break that but now its into a buying zone considering the chart patterns I would say if you get a dip up to about Rs 336-337 due to a correction overall in the market I think that is a great point to get into the stock whether as a trading level or whether as investment level."

She further added, "We are looking at any dip below Rs 345-342 with a stop loss around Rs 335 to get into the counter. For investors it's a long-term hold, for short-term traders or medium-term traders you will get back those Rs 380-400 levels pretty soon in about a month's time."

  

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