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Buy Bharti Airtel, Idea Cellular: Sukhani

Sudarshan Sukhani of s2analytics.com advises traders to buy Bharti Airtel and Idea Cellular as the charts of both the stocks are excellent.

February 22, 2013 / 17:44 IST
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Sudarshan Sukhani of s2analytics.com advises traders to buy Bharti Airtel and Idea Cellular as the charts of both the stocks are excellent.
 
Sukhani told CNBC-TV18, “Telecom stocks, I would think that beyond short covering we will also see some buying, because next week is a different week, it is a news driven week and we are oversold. So it is quite possible that markets may rally on genuine buying at least for the short-term trader.”
 
He further added, “It is not just short covering in telecom, I think Bharti Airtel and Idea Cellular are both excellent chart opportunities for the buyer. So I would assume that at some point whether today or if it continues to rally Bharti Airtel is going to see genuine buying also. It is one of the better stocks in the Nifty universe.”

first published: Feb 22, 2013 05:43 pm

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