Bharti Airtel may trade in Rs 280-300 range: Mohindar

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Bharti Airtel may trade in Rs 280-300 range: Mohindar

Rahul Mohindar of Viratechindia is of the feels that Bharti Airtel may trade in Rs 280-300 range.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Rahul Mohindar See what other Experts & Brokerages are saying about Reliance Comm See messages about Reliance Comm Reliance Comm BSE | NSE 10/02/12 Are Mutual Funds betting on Reliance Comm?

Rahul Mohindar of Viratechindia is of the feels that Bharti Airtel may trade in Rs 280-300 range.

Mohindar told CNBC-TV18, " Reliance Communication and Bharti Airtel seem to be doing some kind of a base building trick here. Bharti Airtel would probably would tussle between Rs 280-300 and we will stay in that band till we convincingly break out with good volume but there is reason enough to believe that at least we will have that kind of a pullback rally to about Rs 330-340. So a pullback rally in my opinion is on the cards here."