Buy Bharti Airtel, Idea Cellular, Rel Comm: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that one can buy Bharti Airtel, Idea Cellular, Rel Comm.
 
Sukhani told CNBC-TV18, “I Bharti Airtel, Idea Cellular and Reliance Communications (RCOM) are all buying opportunities. After a big move yesterday we wait again for that consolidation for the markets to cool down. So today is not a buy but the buy will come maybe on Friday, maybe on Monday. We must go long in them. The eventual target for Bharti is very ambitious, it could be as much as Rs 450 and that would apply to others also.”
 
At 15:25 hrs Bharti Airtel was quoting at Rs 343.00, down Rs 2.25, or 0.65%. It has touched an intraday high of Rs 348.50 and an intraday low of Rs 340.50.
It was trading with volumes of 364,937 shares, compared to its five day average of 330,392 shares, an increase of 10.46%. It was trading with volumes of 364,937 shares, compared to its thirty day average of 268,584 shares, an increase of 35.87%. In the previous trading session, the share closed up 4.81% or Rs 15.85 at Rs 345.25.