Exit Bharti Airtel on rise: Nooresh Merani

Nooresh Merani of Analyse India told CNBC-TV18, "Bharti Airtel has been very rangebound with an upside of Rs 400 to Rs 450 and closer to Rs 330 on the downside. It has been in this range for many years now. So, I would suggest the investor to look towards an exit whenever it goes towards Rs 400 and keep a stoploss below Rs 330-335 to exit if the stock trades below that. So, it is a range bound stock and any rise to Rs 400 should be an exit."At 15:13 hrs Bharti Airtel was quoting at Rs 354.05, up Rs 6.05, or 1.74 percent on the BSE.