Exit telecom sector, buy TCS rather: Ashwani Gujral

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, shares his trading calls.

What would you do with Bharti and Idea?

You should probably keep off this sector because it is becoming too newsy to deal with. But in any case, Rs 305-310 on Bharti are good levels. On any bad news, it generally tends to find support in that zone. So, buy it there, if it comes to that level. But I would much rather buy a TCS, which is down from about Rs 1,200 to around Rs 1,050-1,100. Try to buy things that have tailwinds behind them rather than things that have headwinds in front of them. Do not invest in the telecom sector till there is some clarity.