Buying opportunity seen in Bharti Airtel: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “Bharti Airtel is building a base for itself. So I am upbeat on it. For example, a sub-Rs 300 value in Bharti Airtel for a positional trader is a buying opportunity. Here is a good quality stock, which is finding repeated support in Rs 260-300 level.”

He further added, “I would be a buyer once it comes in this zone. That is for somebody who is willing to carry a position for a few months. For an intraday trader, Bharti Airtel is not giving us signs. Most stressed stocks will not give us any trades today because markets are choppy and going in a choppy market is like feeding the alligators. I would be a buyer in Bharti Airtel but it is a positional trade. It is not a day trade. Today day trading is not a good idea. Markets are choppy and they can go up and down repeatedly so today is probably a day to watch the markets and see signs for what next week can bring.”