Buy Bharti Airtel, may cross Rs 440-445: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Group told CNBC-TV18, "Bharti Airtel has not participated in last two-three years. We have witnessed a very strong build up of positions. We have seen a very decent rollovers in last two-three months in the stock clearly indicating that the stock has formed a very strong base around Rs 373-380 in the medium-term but in the short-term, I think the kind of recovery we have seen in last two-three trading sessions, Rs 410 is a very strong support zone. So keeping that as a stop loss, one can initiate a long position in Bharti Airtel at current level."

"I expect the stock to cross Rs 440-445 in short-term but the overall structure suggests that this stock has a potential to move minimum 20 percent from current level in next two-three months," he said.

Disclosure: Analyst does not have personal holdings