Buying opportunity is seen in Idea Cellular and Bharti Airtel, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, “Telecom news can affect charts for short-term, so I cannot give prediction on the short-term moves, but Idea Cellular and Bharti Airtel are both in strong uptrending markets. So at current levels both are buying opportunities, Bharti Airtel more so, because it has gone through a mild correction and is almost at perfect place. I also have long positions in Bharti Airtel.”
On March 06, Idea Cellular closed at Rs 113.70, down Rs 0.05, or 0.04%. It has touched an intraday high of Rs 114.60 and an intraday low of Rs 112.95.
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