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Buy Bharti Airtel, Bharat Financial Inclusion, Dr Reddy's Labs: Yogesh Mehta

Yogesh Mehta of Motilal Oswal is of the view that one can buy Bharti Airtel, Bharat Financial Inclusion and Dr Reddy's Labs.

August 23, 2017 / 13:57 IST

Yogesh Mehta of Motilal Oswal told CNBC-TV18, "There are opportunities where buy can be initiated either on one or two day basis or intraday. One is Bharti Airtel which has given a strong breakout above Rs 426 price, today currently it is quoting at Rs 432-433 in the future segment. One can keep a stop loss of Rs 426 and target could be in the range of Rs 444-445."

"The other one is Bharat Financial Inclusion where Rs 850-847 remains a strong support. So, we are recommending a buy there. Currently price has inched up to Rs 865. One can keep a revised stop loss of Rs 850 and target could be in the range of Rs 885."

"The third one is into the pharmaceutical sector, Dr Reddy's Labs. Given a reversal sign of the initial stage right now, Rs 2,040-2,042 is the current price. Keeping a stop loss of Rs 2,010 one can look at buying and target could be in the range of Rs 2,085-2,100 levels," he added.

first published: Aug 23, 2017 01:57 pm

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