Hold Bharti Airtel, says Abhijit Paul

Published on Wed, Feb 08, 2012 at 11:26 |  Source : CNBC-TV18

Updated at Wed, Feb 08, 2012 at 11:29  

89457 Investors following Bharti Airtel. Share this News with them.
0
0
Share on Tumblr
Abhijit Paul, AVP - Technical Analyst, Brics Securities

Excerpts from Markets Midday on CNBC-TV18 Watch the full show ยป

ALSO READ

Hold Bharti Airtel , says Abhijit Paul, AVP - Technical Analyst, Brics Securities.

Paul told CNBC-TV18, "From a short term point of view of obviously there has been quite a bit of noise for Bharti Airtel. This stock has sold off quite sharply in last two days. So what I would recommend the investor should look to expand the time horizon from a short term to a quarter and more. Mainly because of the fact that the weekly, monthly charts are still strong and intact, it's just that in the short term that the stock has weakened a bit."

He further added, "On the downside close to Rs 340-350 range is where the next level of support is. So I should say expand your time horizon and hold on to this stock for at least a quarter more from hereon."

  

Trending News

Business News

2TB drives offer best value for money
Did Sebi miss any tricks in Ambani consent order? "Did Sebi miss any tricks in Ambani consent order?"

Oppn gears up to make Bharat bandh a success

On Facebook IPO Morgan Stanley Speculation Of 'Nefarious Activity' Around IPO Untrue

The latest earning numbers FIRST on CNBC-TV18
Videos

May 30 2012, 23:16

Clash of Spain and ECB worrying investors: Verstrate

- in FII View

May 30 2012, 11:18

Result corner: Ajay Bodke`s top bets from across sectors

- in MARKET OUTLOOK

Interviews

May 30 2012, 17:04 | Source: CNBC-TV18

Margins may be hit on one-off items in EBITDA: Sun Pharma  

May 30 2012, 16:32 | Source: CNBC-TV18

Essar announces Rs 175cr deal; to pay-off debts with fund  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!