Wait and watch Bharti Airtel: CK Narayan

CK Narayan, Growth Avenues Asset Advisors in a chat with ET Now, gives his views on Bharti Airtel

What is the call on Bharti Airtel?

Some amount of value buying is emerging in Bharti. It is not been able to hold onto the higher levels. Having dropped down to the 320-330 range, Bharti did meet up with those who have very regularly added some amount of their exposure to telecom.

From that perspective, you may say that temporarily Bharti may have hit a level of support, but I do not see it maybe charging upwards. So somewhere around the 320 to 360 range is what one should be looking for in Bharti for the days ahead.