Bharti Airtel can go upto 380-390 levels: Parag Doctor
Bharti in the telecom space has been our favourite for some time and that stock has been one of the earliest to bottom out in this particular run.
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| Parag Doctor, Associate Vice President Senior Analyst Technical Equities, Motilal Oswal Securities in an interview with ET Now talks about Bharti Airtel.
What is your take on Bharti Airtel?
Bharti in the telecom space has been our favourite for some time and that stock has been one of the earliest to bottom out in this particular run at around 310 levels and it has done reasonably well, outperforming the rest of its peers. We feel it can easily go to 380-390 kind of levels.
Infosys again has been outperforming the rest of the market. In the IT sector itself has been outperforming the Nifty and Infosys just made a new high today. The breakout has happened above 3100 and it has the potential to go all the way to about 3300 may be even 3350 and IT sector could again lead the Nifty rally in the next few weeks or so.
What is your take on Bharti Airtel?
Bharti in the telecom space has been our favourite for some time and that stock has been one of the earliest to bottom out in this particular run at around 310 levels and it has done reasonably well, outperforming the rest of its peers. We feel it can easily go to 380-390 kind of levels.
Infosys again has been outperforming the rest of the market. In the IT sector itself has been outperforming the Nifty and Infosys just made a new high today. The breakout has happened above 3100 and it has the potential to go all the way to about 3300 may be even 3350 and IT sector could again lead the Nifty rally in the next few weeks or so.
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