Hold on to Bharti Airtel till the bull market runs out: Deepak Mohoni

ET Now spoke to Deepak Mohoni, Director, trendwatchindia.com, on his stock recommendations.

ET Now: Can you just walk us through Bharti Airtel and the targets that we need to watch out for? And how do you view the telecom pack as a whole?

Deepak Mohoni: The entire telecom pack as yet is not really showing that momentum though Idea and Bharti are doing pretty well. So at the moment, stick to these 2, maybe a Tata Communications also could be looked at but at the moment, Bharti definitely has got the momentum, it has gone to a multi-month high.

At this price, it is even at a 52-week high almost. So that is a pretty impressive move. So this is pretty much Bharti specific and the stock should be good for a couple of days more, at least for the short term trader. It could be a good day trade and perhaps not a bad hold till at least the bull market runs out.