Sudarshan Sukhani of s2analytics.com is upbeat on Bharti Airtel and has recommended buy rating on the stock.
Sukhani told CNBC-TV18, “Telecom is unlikely to go away from the Nifty that is why there is certain amount of difficulty in suggesting a buy. Idea Cellular charts by themselves are very attractive. I would say that a small consolidation has broken out on the upside today."
He further added, "I am very upbeat on Bharti Airtel also. The current correction in Bharti Airtel is a buying opportunity. Given the fact that markets could be choppy, we could see a new relief rally moving towards the Budget.”
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